§ 37. Mr. CURRIEasked the Chancellor of the Exchequer whether any estimate has been formed of the effect upon the public revenue of improving the graduation of Death Duties upon the capital of estates in accordance with the principle underlying the provisions of Section 22 of the Finance Bill affecting income?
§ Mr. McKENNAMy hon. Friend is no doubt aware of the provision in Section 13 of the Finance Act, 1914, the cost of which was estimated at the time of its introduction to be about £40,000 in a full year. The preparation of the statistical details from which the actual result might have been calculated is part of the work with which it has been necessary to dispense with a view to economising statt.