Value of Estate.Lloyd George, 1909Rates suggested in "Riches and Poverty," 1905
Exceeds
£
But not over
£
Per cent.Per cent.
10050011
5001,00022
1,0005,00033-4
5,00010,00045-6
10,00020,00057
20,00040,00068
40,00070,00079
70,000100,000810
100,000150,000911
150,000200,0001012
200,000400,0001113
400,000600,0001213
600,000800,0001314
800,0001,000,0001415
1,000,0001516

DEATHS AND ESTATES IN THE UNITED KINGDOM

About 700,000 persons, including children, die every year.

Of these, about 620,000 die almost or quite penniless.

The balance of 80,000 persons leave £300,000,000.

Of these, 4,000 persons leave £200,000,000.

It is only necessary to state these extraordinary facts to show the justice of Mr Lloyd George's reform of the Death Duties.

It is of interest and importance to show what a small proportion of the capital passing at death is actually taken by the State. The following figures show, for the years 1894-5 to 1908-9, the total amount of all the Death Duties (i.e. not only the principal "Estate Duty," the rates of which are given on p. 321, but of the Legacy and Succession Duties, Settlement Estate Duty, etc.), received during the year, the total estates upon which the duties were paid and the average aggregate rate per cent. of the whole of the duties: