| Rates of Duty, payable on Legacies, Annuities, Residues, &c., of the Amount or Value of £20 and upwards,by Stat. 55 Geo. III. cap. 184. | |||
|---|---|---|---|
| The Description of the Legatee, Residuary Legatee, or next of Kin, must be in the following Words of the Act. | Out of Personal Estate only, if the Deceased died any time before or upon the 5th April, 1805. | Out of Real or Personal Estate, if the Deceased died after the 5th April, 1805. | |
| To Children of the Deceased, and their Descendants, or to the Father or Mother or any Lineal Ancestor of the Deceased | } | (no Legacy Duty) | £1. per Cent. |
| To Brothers and Sisters of the Deceased, and their Descendants | } | £2. 10s. per Cent. | £3. do. |
| To Brothers and Sisters of the Father or Mother of the Deceased, and their Descendants | } | £4. — do. | £5. do. |
| To Brothers and Sisters of a Grandfather or Grandmother of the Deceased, and their Descendants | } | £5. — do. | £6. do. |
| To any Person in any other Degree of Collateral Consanguinity, or to Strangers in Blood to the Deceased | } | £8. — do. | £10. do. |
| Where any Legatee shall take Two or more distinct Legacies or Benefits under any Will or Testamentary Instrument, which shall together be of the Amount or Value of £20. each shall be charged with Duty, although each or either may be separately under that Amount or Value. | |||
| ☞ OBSERVE.--The Duty on Annuities is payable by four Annual Instalments in the first four years from the commencement of the Annuity, and a penalty will be incurred if each of the succeeding Instalments of Duty be not paid in due time. | |||
| Should the Annuitant die before the four years have expired, the date of his or her death must be communicated in writing to the Comptroller of the Legacy Duties. | |||
| The Husband or Wife of the Deceased is not chargeable with Duty. | |||
| PENALTIES. | |||
| The Receipt must be dated on the Day of signing, and the Duty paid within 21 Day after, under a Penalty of £10 per Cent. on the amount of theDuty; and if the Duty be not paid within Three Months from the Date of the Receipt, a Penalty will be incurred of £10 per Cent. on the amount orvalue of the Legacy:—and the Commissioners of Stamps cannot, under any circumstances, Stamp a Receipt on which the Duty shall not be paidwithin the time limited, unless the Penalty be also paid. | |||
| NOTE.—Rents, Interests, or Dividends of Legacies, down to the Date of the Receipt, must be added to the Legacy, and Duty paid thereon. | |||
LONDON:
CLARKE, PRINTERS, SILVER STREET, FALCON SQUARE.
Transcriber’s Notes
Obvious errors and omissions in punctuation have been fixed.