§ 57. Mr. Thorneasked the Financial Secretary to the Treasury the amount paid in Estate and Succession Duties, giving these separately, for the financial years ended March, 1931, to March, 1937; and whether there has been any alteration in the percentages paid during the same period?
§ Lieut.-Colonel ColvilleThe hon. Member will find the receipts from these duties for the 10 years to 1935–36 in table 4 on page 8 of the recently published 79th Report of the Commissioners of Inland Revenue (Command Paper 5297). The approximate receipts in the year 1936–37 were £77,000,000 for Estate Duty and £10,800,000 for Legacy and Succession Duties. The rates of duty are shown on pages 13 and 30 of the report. The only change in the rates of duty chargeable was that made by the Finance Act, 1930, in the Estate Duty on estates exceeding £120,000, the rates on which were increased in respect of deaths occurring after 31st July, 1930.