§ 62. Mr. TINKERasked the Chancellor of the Exchequer what sum of money the Death Duties brought in the first year of their inception; what amount it had grown to 10 years after; the amount in 1921 and in 1930: and will he give the corresponding percentages to the Budget total?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Pethick-Lawrence)With my hon. Friend's permission I will circulate in the OFFICIAL REPORT a table showing the receipt of Death Duties for the years 1894, 1904, 1921 and 1930 and the corresponding percentages to the total receipts from taxes of the year.
§ Following is the table: 1974
| Year. | Receipt of Death Duties. | Percentage of total receipts from taxes. | ||
| £ | ||||
| 1894 | … | … | 10,872,059 | 12.69 |
| 1904 | … | … | 16,668,959 | 12.79 |
| 1921 | … | … | 52,191,000 | 6.17 |
| 1930 | … | … | 82,610,000 | 12.13 |
§ I have taken the year 1894, when the Estate Duty was introduced, as the year of "inception" which my hon. Friend has in mind. But the Death Duties include also the Probate Duty with a history commencing in 1694, the Legacy Duty which dates back to 1780 and the Succession Duty which dates back to 1853.