HC Deb 06 December 1926 vol 200 c1685W

asked the Chancellor of the Exchequer the amount of Income Tax paid in respect of mining royalties during the year ended 31st March, 1926, together with the estimated amount of Super-tax payable in respect of income derived from mining royalties; and the average amount per annum paid during the last five years in respect of Death Duties on the capital value of minerals?


I regret that it is not possible to earmark any part of the produce of the Income Tax and Super-tax as contributed by any particular source of income. The amount of income tax and super-tax borne by any individual depends upon total income and personal factors independent of the particular source of income. As regards death duties, it is estimated that the average Estate Duty paid for the last five years in respect of mines, minerals and quarries in individual ownership is £540,000.