Land Value Duties. (Hansard, 22 October 1912)

HC Deb 22 October 1912 vol 42 c1932W 1932W

§ Mr. PRETYMAN
asked the Chancellor of the Exchequer why the tables issued with their Annual Report by the Commissioners of Inland Revenue show a comparison between the yield of Income Tax, Death Duties, Super-tax, and his Budget Estimates, but no such figures are given in respect of the Land Taxes; and can he state to the House what his Budget Estimates were for Increment Value Duty, Undeveloped Land Duty, and Reversion Duty for the years 1910–11 and 1911–12, respectively?

§ Mr. LLOYD GEORGE
The estimated yield of the Duties for 1910–11 and 1911£12 was as follows:—

— 1910–11. 1911–12.

£ £

Increment Value Duty 20,000 50,000

Undeveloped Land Duty^* 280,000 200,000

Reversion Duty 90,000 60,000

Mineral Rights Duty† 700,000 400,000

^* Including £140,000 arrears for 1909–10.

†Including £350,000 arrears for 1909–10.

—	1910–11.	1911–12.
	£	£
Increment Value Duty	20,000	50,000
Undeveloped Land Duty^*	280,000	200,000
Reversion Duty	90,000	60,000
Mineral Rights Duty†	700,000	400,000
^* Including £140,000 arrears for 1909–10.
†Including £350,000 arrears for 1909–10.