HC Deb 24 October 1912 vol 42 cc2380-1W
Mr. ROYDS

asked the Chancellor of the Exchequer how many occasion valuations made in Great Britain up to and including 30th September, 1912, had resulted in claims being made for Increment Value Duty; and how many of such claims had been substantiated?

Mr. LLOYD GEORGE

The answer to the first part of the question is 955 and to the latter part 798.

Mr. ROYDS

asked the Chancellor whether, seeing that an inquiry as to whether the true site value of agricultural land is being ascertained, and whether Increment Value Duty is being claimed when there is no rise in site value, involves questions with which a committee of experts are eminently qualified to deal, he will, after affording the House an opportunity of discussing the terms of reference and constitution, set up such a Committee to deal with these and other matters of practical valuation?

Mr. LLOYD GEORGE

I can only refer the hon. Member to the answers that I gave him on the 16th October.