§ 52. Sir LEONARD LYLEasked the Financial Secretary to the Treasury the actual expenditure under the operation of the Land Valuation Tax; and what was the net result of the tax during the different years in which it was in existence?
| Net Receipt. | |||||||
| Year. | Increm. Value Duty. | Reversion Duty. | Undeveld Land Duty. | Mineral Rights Duty. | Excess Mineral Rights Duty. | Total Land Values. | |
| £ | £ | £ | £ | £ | £ | ||
| 1921–22 | … | -8,034 | -5,519 | -2,366 | 221,658 | 244,522 | 450,261 |
| 1922–23 | … | -136 | — | -3 | 192,404 | 24,564 | 216,829 |
| 1923–24 | … | — | — | — | 266,000 | 33,000 | 299,000 |