Post-War Credits (Estate Duty) (Hansard, 7 May 1959)

HC Deb 07 May 1959 vol 605 cc61-2W 62W

§ Mr. Farey-Jones
asked the Chancellor of the Exchequer if he will take steps to ensure that exemption, under Section 7 (4) of the Finance Act, 1941, from Estate Duty on post-war credits, unpaid at death, will apply in the case of persons dying after the passing of the Income Tax (Repayment of Post-War Credits) Bill.

§ Mr. Simon
Post-war credits unpaid at death are treated as exempt from Estate Duty and will continue to be so treated under the Income Tax (Repayment of Post-War Credits) Act.