Page:Statesman's Year-Book 1899 American Edition.djvu/391

 Taxation

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l^he gross amount of the annual value of property and profits assessed to the income tax in the year ended April 5, 1897, in the United Kingdom, was 700,447,064/. ; in 1871 it was 465.594,366/. Of theamount for 1897 the share of England was 603,495,266/. ; of Scotland, 64,762,653/. ; of Ireland, 32,189,145/.

The real property so assessed in the last four years was distributed as follows : —

Assessed to Income Tax 1894

1895

£ 39,680,346 6,193,310 9,895,405

1896

189T

1 ^ ^ f England. 40,065,831

« - Scotland. ! 6,251,898

^ (Ireland . j 9,895,005

£ 39,365,825 6,147,882 9,894,358

£ 38,806,310 6,100,326 9,894,266

54,800,902

139,670,210

14,999,118

4,000,577

158,669,905

Total

1 r England g - Scotland ^ (Ireland

Total

56,212,734

131,860,499

14,008,173

3,757,312

149,625,984

55,769,061

133,511, 8'JO 14,302,580 ■3, 831, 176

151,645,646

55,408,065

135,929,399

14,594,540

3,911,764

154,435,703

The annual Value of the railways in the United Kingdom assessed to income tax in 1896 was 37,541,260/.; mines and quarries, 11,709,803/.; gas- works, 5,529,456/.; waterworks, 4,015,316/.; canals, inland navigations, &c. , 8,433,931/.; other public concerns, including ironworks, 89,411,184/.

In accordance with Acts passed in the years 1888-94, various duties are collected for local authorities by Imperial officers. These are : (1) the duties on local taxation licences ; (2) half the probate duty paid on the property of persons who died before August 2, 1894, and also a share of the estate duty paid on the personal property of persons who died after August 1, 1894, such share being equivalent to l| per cent, on the net value of the property on which the duty was leviable ; (3) the additional duties of 6d. per gallon on spirits, and Sd. per 36 gallons on beer. The net receipts of these duties and the payments made to local taxation accounts in the year ended March 31, 1898, were as follows : —

—

Additional Beer to Spirit Duty

Licences

Sliare of Pro- bate and Estate Duties

Total

Net receipts

Payments : England Scotland Ireland

Total payments

£ 1,468,611

£ 3,694,365

£ 4,263,192

£ 9,426,168

1,181,709 158,264 134,665

3,342,535 357,255

3,386,798 464,810 376,274

7,911,042 980,329 ! 510,939 !

1,474,638

3,699,790

4,227,882

9,-102,000

The following statement (from a Return of July 22, 1898, on revenue and expenditure — England, Scotland, and Ireland— ) shows for the year ended March 31, 1898, the amount contributed by each of the three divisions of the United Kingdom to the revenue collected by Imperial officers, and the

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