I1.111 Probate duty

I1.111 Probate duty

Probate duty was the first impost of taxation on death, apart from the old feudal incidents which were formally abolished in 16601. The duty was introduced in 1694 as one of a number of stamp duties brought by William and Mary from Holland2.

Probate duty was a flat rate charge of 5s (25p) on the grant of probate or letters of administration on any estate above the value of £20. This rate was doubled in 16983. The notion of varying the rate of duty according to the value of the estate was introduced in 1779 when an extra 20s (£1) was levied where the estate exceeded £100 and a further 20s when the estate exceeded

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial