IMPERIAL BUDGET
ANOTHER CLAUSE CARRIED
MORE CONCESSION'S,
Press Association—By Telegraph—Copyright.
LONDON, July 20. (Rceivad Julv 21, at 8.30 a.m.) Clause 6 jf the Finance Bill wa6 carried. Mr Lloyd-George promised that the very considerable number of charitable institutions and public organisations would be safeguarded against increment duty -when, clause 45 was d'6cussed. Later he announced that agricultural land would be exempted front the tax of 10 per cent.. AN -ALL-NIGHT SITTING. LONDON, July 20. (Received July 21, at 8.45 a.m.) The Hou.;e of Commons sat until six in the morning, and then passed clau6e 7 of the Finance Bill, imposing, except on agricultural iand, a reversion duty of 10 per cent, upon the benefits accruing to the lessor. The Government promised to allow a reduction in respect to works of a permanent character executed by the lessor.
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Bibliographic details
Evening Star, Issue 14117, 21 July 1909, Page 6
Word Count
137IMPERIAL BUDGET Evening Star, Issue 14117, 21 July 1909, Page 6
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