THE PROVISIONS AS TO PROBATE AND LEGACY DUTIES OF THE CUSTOMS AND INLAND REVENUE ACT, 1881. LONDON: GEORGE ROUTLEDGE & SONS, NEW YORK: 9, LAFAYETTE PLACE. 1882. PREFACE. By the Customs and Inland Revenue Act of 1881 (44 Vict. c. 12), the legislation in reference to the "Death Duties "-to use the term employed by Mr. Gladstone-has undergone various important changes. A new scale of Probate duties has been substituted for that previously in force. An entirely new duty, called a "Duty on Accounts," has been established with a view of subjecting to taxation various methods of disposing of property after death, otherwise than by will. Power has been given to deduct debts and funeral expenses in the first instance from the amount on which the probate duty is levied. New and important provisions have been made as to obtaining probate, &c., when the gross value of the estate does not exceed £300. In certain cases both legacy and succession duties, payable at the rate of 1 per cent., has been abolished; while, on the other hand, legacies under £20 have been subjected to 24 MAY83 OXFORD SHILLING LAW BOOKS, By W. A. Holdsworth, Barrister-at-Law. WILLS, EXECUTORS, AND ADMINISTRATORS. THE EDUCATION ACT. THE NEW LAW OF MASTER AND SERVANT. THE BALLOT ACT. THE LAW OF BILLS, CHEQUES, AND I.O.U.'s. THE FRIENDLY SOCIETIES ACT. LANDLORD AND TENANT. PREFACE. By the Customs and Inland Revenue Act of 1881 (44 Vict. c. 12), the legislation in reference to the "Death Duties"-to use the term employed by Mr. Gladstone has undergone various important changes. A new scale of Probate duties has been substituted for that previously in force. An entirely new duty, called a "Duty on Accounts," has been established with a view of subjecting to taxation various methods of disposing of property after death, otherwise than by will. Power has been given to deduct debts and funeral expenses in the first instance from the amount on which the probate duty is levied. New and important provisions have been made as to obtaining probate, &c., when the gross value of the estate does not exceed £300. In certain cases both legacy and succession duties, payable at the rate of 1 per cent., has been abolished; while, on the other hand, legacies under £20 have been subjected to |