§ Sir W. Wayland
asked the Chancellor of the Exchequer the present annual gross return of the Land Tax first levied in 1798?
§ Sir J. Anderson
The net receipt of the Land Tax is approximately £500,000 a year, the actual figure for the year ended 31st March, 1943, being £528,704. If, however, my hon. Friend is referring to the "unredeemed quota," i.e. the gross quota, fixed in 1798, less the amount redeemed and exonerated since that date, but before deducting the exemptions, abatements and remissions, the present annual figure is about £800,000.