Skip to main content

Estate Duty

Volume 656: debated on Monday 19 March 1962

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Chancellor of the Exchequer what consideration he has given to a revision of the system employed to calculate Estate Duty payable on the death of a jointress or cesser of an annuity, where the capital value of agricultural land includes its prospective future value for building purposes, and when the revenue therefrom is at present calculated on the actual rent at the date of death.

The method of computing the Estate Duty payable in such circumstances is statutory. If my hon. Friend will send me details of any particular case he has in mind I shall be glad to look into it.