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Land Value Duties

Volume 52: debated on Thursday 24 April 1913

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asked the Chancellor of the Exchequer what portion of the estimated receipts from Land Values Duties for 1913–14 consists of arrears of Undeveloped Land Duty?

The amount of arrears of Undeveloped Land Duty in cluded in the estimated receipts from Land Values Duties for 1913–14 is £240,000.

asked what portion of the sum of £455,000 received for Land Value Duties in 1912–13 consisted of Mineral Rights Duty, Undeveloped Land Duty, Increment Value Duty, and Reversion Duty, respectively; and how the estimate of £750,000 for Land Value Duties for 1913–14 is similarly apportioned?

The allocation is approximately as follows:—

Exchequer Receipts, 1912–13.Estimated Receipts, 1913–11.
££
Increment Value Duty17,00020,000
Reversion Duty48,000100,000
Undeveloped Land Duty98,000325,000
Mineral Right Duty292,000305,000
£455,000£750,000