§ Mr. Bruce-Gardyneasked the Chancellor of the Exchequer (1) what was the percentage share of employers' profits before taxes and employers' national insurance contributions, and after taxes and contribution, respectively, in total income from production in 1971;
(2) what were the percentage share of employers and employees, respectively, in national direct income from domestic production of goods and services before taxes and national insurance contributions, and after taxes and national insurance contributions, respectively, in 1971.
§ Mr. NottFigures for 1971 are not yet available in sufficient detail to enable these calculations to be made. In 1970 it is estimated that the trading profits of companies, public corporations and unincorporated businesses, before payment of taxes on income and national insurance contributions accounted for about 33 per cent. of the income generated in these sectors, the remaining 67 per cent. representing the income of the employees. The trading profits are taken before providing for depreciation and stock appreciation and the figures exclude both the income of employees in the central and local government sectors and the profits of public enterprises other than public corporations. Corresponding figures after payment of taxes and contributions cannot be given since tax payments cannot be split between these and other forms of taxable income. My hon. Friend may, however be interested to look at Table 9 of the National Income Blue Book which gives a great deal of data on income before and after payments of taxes and contributions.