Towns > Edinburgh > 1846-1975 - Post Office Edinburgh and Leith directory > 1892-1893

STAMP DUTIES, ETC.
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duty of 30s. on inventory to be in full of claim
to legacy duty on estate to which such inven-
tory relates. (44 Vict. c. 12, § 36.)
Printed forms and regulations for payment of the
legacy duty may be obtained gratis, on appli-
cation at Legacy Duty Office, Inland Revenue,
Edinburgh ; and at the offices of distributors
of stamps in the country.
SUCCESSION DUTY.
(16 and 17 Vict. c. 51 ; 51 Vict. c. 8, §§ 21 and 22 ;
and 52 Vict. c. 7, §§ 10-12, 14, and 15.)
The duty commenced on the death of persons
dying after the 19th May 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 Act.
Personal Property is liable to duty according
to the value of the succession ; and money
charged on heritage — heritable securities — is
charged as personalty (§ 1).
Eates of Succession Duty.
1. Successions to property included in a stamp
account (44 Vict. c. 12, § 38) and leaseholds ;
also any succession by a death before 1st July
1888, same rates as under the Legacy Duty
Acts, supra. — 51 Vict. c. 8, § 21.
2. In other cases, lineal issue or lineal ancestor of
the predecessor, £1, 10s. per cent.
Note. — No succession duty payable by lineal
issue, etc., where the estate included in
inventory or stamp account and duty paid
under 44 Vict. c. 12, see § 41.
Brothers and sisters of the predecessor, and their
descendants, £4, 10s. per cent.
Brothers and sisters of the father or mother of the
predecessor, and their descendants, £6, 10s. per
cent.
Brothers and sisters of a grandfather or grand-
mother of the predecessor, and their descend-
ants, £7, 10s. per cent.
Any other person, £11, 10s. per cent. — See 51
Vict. c. 8, § 21 (1).
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. Succession from the same predecessor, pass-
ing on any death, not amounting in principal
value to £100 (§ 18).
2. Legacies and personal property charged with
legacy duty in respect of the same acquisition
(ib.).
The duty presumptively payable upon an
interest in expectancy may be commuted for
a present payment (§ 41).
Duty on successions in arrear — interest thereon
at the rate of 4 per cent, is payable. (31 and
32 Vict. c. 124, § 9.)
Liability of purchasers and mortgagees for duty
limited to certain specified periods. Where
full and true account containing all material
facts rendered, liability in certain cases, etc.,
to cease in six years from settlement of
3K
account. Limitation of liability for duty
where attested copy of document lodged.
(52 Vict. c. 7, §§ 12, 13, 14, and 15.)
Note. — Forms of the accounts for legacy and
succession duties may be obtained at the
Legacy Duty Office, Edinburgh ; and at the
offices of distributors of stamps in the country.
(See also Estate Duty, p. 880.)
CORPORATION DUTY.
Duty on Property of Bodies Corporate and Un-
incorporate : —
All real and personal property which shall
have belonged to, or been vested in, any
body corporate or unincorporate during the
yearly period ending on the 5th day of
April 1885, or during any subsequent yearly
period ending on the same day in any year,
a duty at the rate of £5 per centum upon
the annual value, income, or profits of such
property accrued to such body corporate
or unincorporate in the same yearly period,
after deducting therefrom all necessary out-
goings, including the receiver's remunera-
tion, and costs charged, and expenses properly
incurred in the management of such pro-
perty :—
Subject to exemption from such duty in favour
of property of the descriptions following (that
is to say) —
(1.) Property vested in or under the control cr
management of the ' Commissioners of Her
Majesty's Works and Public Buildings ' or
the ' Commissioners of Her Majesty's Woods,
Forests, and Land Revenues,' or any depart-
ment of Government.
(2.) Property which, or the income or profits
whereof, shall be legally appropriated and
applied for the benefit of the public at large or
of any county, shire, borough, or place, or the
ratepayers or inhabitants thereof, or in any
manner expressly prescribed by Act of
Parliament.
(3.) Property which, or the income or profits
whereof, shall be legally appropriated and
applied for any purpose connected with any
religious persuasion, or for any charitable
purpose, or for the promotion of education,
literature, science, or the fine arts.
(4.) Property of any Friendly Society or
Savings Bank established according to Act of
Parliament.
(5.) Property belonging to or constituting the
capital of a body corporate or unincorporate
established for any trade or business, or being
the property of a body whose capital stock is
so divided and held as to be liable to be
charged to legacy or succession duty.
(6.) Property acquired by or with funds volun-
tarily contributed to any body corporate or
unincorporate within a period of thirty years
immediately preceding.
(7.) Property acquired by any bodj r corporate or
unincorporate within a period of thirty years
immediately preceding where legacy duty or
succession duty shall have been paid upon the
acquisition thereof.
(48 and 49 Vict. c. 51, 8 11.)
The term ' body unincorporate includes every
unincorporated company, fellowship, society,
association, and trustee or number of trustees
to or in whom respectively any real or per-
sonal property shall belong, in such manner
or be vested upon such permanent trusts, that