HC Deb 01 May 1934 vol 289 c143
53. Sir M. SUETER

asked the Chancellor of the Exchequer what is the total amount of Estate and Succession Duty paid during the last 20 years?

Mr. CHAMBERLAIN

The total amount of Estate Duty, Legacy Duty and Succession Duty paid in the 20 years 1914–15 to 1933–34 inclusive was £1,142,000,000.

Captain HAROLD BALFOUR

Can the right hon. Gentleman say how long we shall have to go on using this capital as annual national income?

Mr. CHAMBERLAIN

It is not all being used as annual income. Some of it is being applied to redemption of debt.