§ Mr. BRUNNER
asked the Chancellor of the Exchequer whether he will state under the Finance (1909–10) Act, 1910, the estimated yield in 1912–13 of the taxation under the following heads, spirit (extra yield), tobacco (extra yield), motor spirit, liquor licences (extra yield), motor-car licences, Estate Duties (extra yeld), Income Tax (extra yield), Super-tax, land values, Increment Duty, undeveloped land, Reversion Duty, and Mineral Rights Duty, and the estimated loss to the revenue in 1912–13 in Income Tax (relief for children and relief under Schedule A, lands and houses).
§ Mr. LLOYD GEORGE
The following are the particulars desired, certain of the figures being subject to adjustment:
ESTIMATED YIELD. £ Spirits (extra yield) 1,800,000 Tobacco (extra yield) 2,750,000 Motor Spirit 800,000 Liquor Licences (extra yield 2,300,000 Motor Car Licences 535,000 Estate Duties (extra yield) 7,225,000 Income Tax (net extra yield) 5,000,000 Super-tax 3,500,000 Duties on Land Values— £ Increment Value Duty 30,000 Undeveloped Land Duty 100,000 Reversion Duty 125,000 Mineral Eights Duty 290,000 545,000
ESTIMATED LOSS TO REVENUE. Relief in respect of Children, and relief under Schedule A, Lands and Houses 350,000
(This has been deducted in arriving at the figure of £5,000,000 mentioned above as the extra yield under the head of Income Tax.)