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Estate Duty

Volume 463: debated on Thursday 14 April 1949

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46.

asked the Chancellor of the Exchequer what allowance he proposes to make in cases where payment has been accepted in commutation of legacy or succession duties, in view of the increased charge of Estate Duty in substitution for these duties.

I must ask the hon. Member to await the publication of the forthcoming Finance Bill.

Will the right hon. Gentleman at least give an assurance that the Chancellor, having eaten his cake, does not propose also to have it?

I do not know what the hon. Member means by that supplementary question. Of course, this point will have to be dealt with when we reach the Finance Bill.

Will the right hon. Gentleman carefully study that question in HANSARD?