§ Mr. Wrigglesworthasked the Chancellor of the Exchequer, of the total estate duty levied since the Finance Act 1969 become law, what proportion each year has been paid by trustees accountable for the duty.
§ Dr. GilbertI am not clear what information by hon. Friend it seeking over and above that given in the answer to his next Question. If he will write to me I will see what information is available.
§ Mr. Wrigglesworthasked the Chancellor of the Exchequer, of the annual amount of estate duty levied under the Finance Act 1969, what proportion was paid by trustees accountable under Section 2(1)(a) of the Finance Act 1894; and what proportion by trustees accountable under Section 2(1)(b) of the same Act.
§ Dr. GilbertI regret that estimates are not readily available for every year since 1969. For 1972–73, total net receipts from death duties were £459 million, of which 82 per cent. related to free estate within Section 2(1)(a) and 7 per cent. to settled property within Section 2(1)(b).
§ Mr. Wrigglesworthasked the Chancellor of the Exchequer, in the case of the total and annual amounts of estate duty levied under the Finance Act 1969, what proportion of the amounts of duty levied 351W represented duty paid on agricultural assets, where a reduced rate of duty was paid by virtue of agricultural rate relief.
§ Dr. GilbertFor the years 1970–71, 1971–72 and 1972–73 the percentages are 4, 3 and 5, respectively.