§ 66. Mr. Errollasked the Chancellor of the Exchequer in view of the fact that post-war credits are not included in the estate of a deceased person for assessment of duty when the person dies before reaching the age at which repayment can be made, under what conditions such credits become liable to assessment; and 184W what machinery is in existence for ensuring that credits not liable to assessment for many years are not lost sight of.
§ Mr. JayPost-war credits of persons who die before reaching the age at which repayment can be made are statutorily exempt from Estate Duty and are not, therefore, liable to assessment.