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Fitzwilliam Estate (Death Duties)

Volume 390: debated on Thursday 3 June 1943

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asked the Chancellor of the Exchequer whether he is aware that the late Earl Fitzwilliam left unsettled estate of no less than £1,311,458, of which £811,175 was net personalty, and that the duties charged on this were £52,044; and will he state the reason for this low charge of duty upon such a large estate?

The amount paid in respect of Estate Duty in the case to which my hon. Friend refers was £520,444.