Towns > Edinburgh > 1846-1975 - Post Office Edinburgh and Leith directory > 1876-1877

STAMP DUTIES, ETC.
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estate, directed to be sold, mortgaged, or other-
wise disposed of by any will or testamentary
instrument.
Annuities commencing to be payable on the
death of persons dying after 19th May 1853
are valued for legacy duty according to tables
annexed to the Succession Duty Act (16 & 17
Vict. c. 51) ; and annuities commencing to be
payable previous to that date, by the tables an-
nexed to the Legacy Duty Act (36 Geo. in. c. 52).
Duty is not exigible on legacies or residues
under £20 ; but if a legatee take two or more
legacies under any testament, which shall to-
gether be of the amount of £20, each shall be
charged with duty, though each or either may
be separately under that amount.
Duty on legacies and residues in arrears — inte-
rest thereon at the rate of 4 per cent, is pay-
able. (31 & 32 Vict. c. 124, § 9.)
Printed forms and regulations for payment of the
legacy duty may be obtained gratis, on appli-
cation at the Legacy Duty Office, Inland
Revenue, Edinburgh ; and at the offices of dis-
tributors of stamps in the country.
SUCCESSION DUTY.
(16 & 17 Vict. c. 51.)
'The duty commenced on the death of persons
dying after the 19th Hay 1853, and seems to
be imposed on all property, both heritable and
moveable, passing by death, not liable to the
duty on legacies and successions to personal
estate upon intestacy — the duty imposed by the
Legacy Duty Acts.
The duty on Heritable Property is charged
on the annual value, after allowance of the
necessary outgoings (§ 22), as an annuity for
the life of the successor (§ 21), which is to be
valued by tables annexed to the Act.
Personal Property is liable to duty according
to the value of the succession ; and money
charged ou heritage — heritable securities — is
charged as personalty (§ 1).
rates of succession duty.
Linealissue, or lineal ancestor of the predecessor,
£1 per cent.
Brothers and sisters of the predecessor, and their
descendants, £3 per cent.
Brothers and sisters of the father or mother of the
predecessor and their descendants, £5 per cent.
Brothers and sisters of a grandfather or grand-
mother of the predecessor and their descend-
ants, £6 per cent.
Any other person, £10 per cent.
The husband or wife of the predecessor is not
chargeable with duty (§ 18) ; and if the succes-
sor's husband or wife shall be of nearer con-
sanguinity than the successor, duty is payable
according to such nearer relationship (§ 11).
The following are also exemptions from the suc-
cession duty : —
1. Successions from the same predecessor, pass-
ing on any death, not amounting in princi-
pal value to £100 (§ 18). 2. Any succession
of less value than £20 in the whole (ib.). 3.
Legacies and personal property charged with
legacy duty in respect of the same acquisition
(;&.).
Duty on successions in arrear — interest thereon
at the rate of 4 per cent, is payable. (31 and
32 Vict. c. 124, § 9.)
Note. — Forms of the. accounts may be obtained
at the Legacy Duty Office, Edinburgh ; and at
the offices of distributors of stamps in the
country.
ADHESIVE STAMPS.
Instruments for which Adhesive Stamps may be used,
and person by rchom to be cancelled, etc., also mode
of Cancellation.
Agreement. — 6d. duty.
Cancellation by person by whom it is first exe-
cuted (§ 36).
Bill of Exchange. — Fixed duty of Id.
Cancellation by person who signs it before he
delivers it out of custody (§ 50).
Bill payable on demand. — If presented unstamped,
person to whom presented may affix and cancel
and deduct duty from sum in paying ; but not
to relieve person who may have incurred
penalty (§ 54).
Bills or Notes drawn or made out of United
Kingdom :
Person before he presents bill or note for pay-
ment, negotiates or pays it, to affix and cancel.
Provided —
I (a.) If at time it comes to hands of bona fide
holder a stamp is on it and cancelled, it shall
be deemed duly cancelled, although not affixed
and cancelled by proper person.
(b.) If a stamp shall be on it and not duly can-
celled, bona fide holder may cancel it, and it
shall be deemed duly stamped (§ 51).
Person not relieved of penalty incurred by him
for not cancelling adhesive stamp (16.).
Charter -Party. — Cancellation by person by
whom it is last executed, or by whose execu-
tion it is completed as a binding contract
(§ 66).
Contract Note. — Cancellation by person by whom
first executed (§ 69).
Certified Copies or Extracts from Begisters
of Births, etc. — Cancellation by person sign-
ing before he delivers the same out of his
hands (§ 80).
Delivery Orders and "Warrant for Goods. —
Cancellation by the person by whom made
(§ 89).
Lease for any definite term less than a year of —
(1.) Dwelling-house, etc., at a rate not exceeding
the rate of £10 per annum.
(2.) Any furnished house or apartments, also a
duplicate of such instrument.
Cancellation by person by whom first executed
(§ 99).
Person who executes or prepares lease, the duty
on which may be denoted by adhesive stamp,
and which is not, at or before execution, duly
stamped, penalty £5 (§ 100, 1). Penalty not
incurred in respect of letters and correspond-
ence (§ 100, 2).
Notarial Act and Protest of a Bill or Promis-
sory Note. — Cancellation by notary (§ 116).
Policy of Insurance on Life, and compensation
for accident — Cancellation by person who first
executes (§ 119).
Proxy and Voting Paper — liable to duty of Id.
Cancellation by person by whom first executed
(102, 2).
Eeceipt. — Cancellation by person who gives
(§ 121).
Request to Purser or Officer of Mining Com-
pany on cost book system to enter or register
transfer of share or part of share on notice of
such transfer. Cancellation by person who
writes (§ 128).
General Direction as to the Cancellation
of Adhesive Stamps.
§ 24 (1.) An instrument, the duty upon which
is required, or permitted by law, to be denoted