HC Deb 17 March 1953 vol 512 c2053
39. Mr. Horobin

asked the Chancellor of the Exchequer whether his attention has been drawn to the recent cases in which Crown Appeals in matters relating to Estate Duty have been disallowed by the House of Lords; and whether, in view of the uncertainties and inequities now constantly arising, especially in regard to aggregation, he will consider as a matter of urgency amending the law in the forthcoming Finance Act.

Mr. R. A. Butler

Yes, but my hon. Friend will not expect me to say anything now as to the contents of the forthcoming Finance Bill.

Mr. Horobin

I appreciate that, but, in view of my right hon. Friend's desire to help British industry, will he bear in mind that, daily, serious damage is being done, especially to small businesses, by this ill-considered, antiquated and inequitable Estate Duty?

Mr. Butler

I am aware, of course, of the adverse decision given in the House of Lords affecting the whole of this problem, but I cannot say any more at present.

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