§ 62. Mr. SAMUEL SAMUELasked the Chancellor of the Exchequer what has been the amount each year received by the Treasury for Death Duties from the commencement of their imposition to the year ended the 5th April, 1931, with the rates current for each year?
§ Mr. P. SNOWDENI must point out to the hon. Member that in addition to the Estate Duty which dates from 1894 the Death Duties include the Legacy and Succession Duties which date back to the close of the 18th century. If, as I imagine, the hon. Member is concerned with the yield and rates in more recent 520 times he will find the information in the annual reports of the Commissioners of Inland Revenue. In particular I would refer him to the 65th and 73rd reports which contain statistics covering the years from 1910 to 1930.
§ Mr. SAMUELWill the right hon. Gentleman publish an account of the amount received in Death Duties and the rates?
§ Mr. SNOWDENI think that the hon. Gentleman did not hear the last part of my answer in which I referred him to the reports of the Commissioners of Inland Revenue, dealing with the years 1910 to 1930; he will get the information there.
§ 63. Mr. SAMUELasked the Chancellor of the Exchequer whether the Treasury can state, approximately, what new savings, for the purpose of building up and accumulating fresh capital for investment, or industry, have been made by the Income Tax and Super-tax payers to compensate for the money received from Death Duties by the Government and spent as income?
§ Mr. P. SNOWDENI am afraid I can do no more than refer my hon. Friend to the investigation into national saving made in their Report by the Colwyn Committee on National Debt and Taxation.