§ 46. Mr. Meacherasked the Chancellor of the Exchequer how much estate duty revenue during each of the last ten years has derived from duty imposed at the top marginal rate on estates of 80 per cent. and what percentage these amounts represent of the total levy from estate duty for each of these years.
§ Mr. Patrick JenkinThe available figures which are nearest to those for which the hon. Member asks are of estate duty paid on estates of over £1 million net capital value.
These are as follows:
Duty £m. Percentage of net receipt 1964–65 … … 14.9 5.0 1965–66 … … 13.3 4.5 1966–67 … … 16.4 5.5 1967–68 … … 28.7 8.6 1968–69 … … 26.7 7.0 Because of the change to the "slice" scale of estate duty in 1969, figures for 1969–70 are not yet available.