HC Deb 16 October 1945 vol 414 c923
72. Sir R. Young

asked the Chancellor of the Exchequer whether he is aware of the increases in value which, at present, accrue to freeholders by the falling in of leases; that such increases of value are wholly enjoyed by the freeholders; and whether he will take steps to provide that a contribution from such increased value will be paid to the State.

Mr. Dalton

Yes, Sir. This question will naturally arise in connection with the proposals foreshadowed in the King's Speech, to deal with compensation and betterment in relation to town and country planning.

Sir R. Young

Is the right hon. Gentleman aware that some landlords, when they sell their property, increase the ground rent paid by the new occupiers?

Mr. Dalton

I believe there are many such practices.

Mr. Stokes

When considering his forthcoming Budget will the right hon. Gentleman also consider introducing a tax on site values, as that is a very equitable way of recovering such properties for the people?