asked the Chancellor of the Exchequer what was the total amount of property assessed for Death Duties during the last financial year for which the figure is available; and how much of that amount consisted of estates of less than £1,000 in value?
The total amount of property on which Estate Duty was received in the year 1913–14—the last. financial year for which the figure is available—was £298,006,479, of which £21,142,978 consisted of estates not over £1,000 in value.
asked the Chancellor of the Exchequer what was the total amount of revenue obtained from the Death Duties during the year ended 31st March, 1917; how much of that amount came from Estate Duty; and how much in detail from the other Death Duties?
The amount of Death Duties paid into the Exchequer in the year ended 31st March, 1917, is shown on page 5 of the Report of the Commissioners of Inland Revenue for that year, divided approximately between the several heads as follows:
£ | |
Estate Duty (including Settlement Estate Duty), Probate (and Inventory) Duty, Account Duty, and Temporary Estate Duty | 25,180,000 |
Legacy Duty | 5,060,000 |
Succession Duty | 950,000 |
Corporation Duty | 42,000 |
Total Estate, etc., Duties | £31,232,000 |