§ Mr. Wyn Robertsasked the Chancellor of the Exchequer what is his estimate of the product of different forms of central Government taxation in Wales; and where no such estimates are possible, if he will specify the areas of revenue concerned.
§ Mr. DellNo precise estimate is possible, but on the basis of the ratio of Welsh revenues to total revenues used in "a Welsh Budget" published by Her Majesty's Stationery Office in 1972 it is estimated that in 1972–73 revenue from central Government taxes on transactions in Wales was as follows:
£million Direct taxes* … … 305 Indirect taxes† … … 325 630 * Inland Revenue taxes less stamp duty. † Customs and Excise taxes, vehicle excise duty, selective employment tax and stamp duty.