National Revenue (Hansard, 15 May 1980)

§ Mr. Peter Rees

[pursuant to his reply, 12 May 1980, c. 381]: The table below revises and updates the answer on national revenue given to my hon. Friend the Member for Norfolk, North (Mr. Howell),—[Vol. 984, c. 545–46.]

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GENERAL GOVERNMENT REVENUE^*
£ million
							Taxes on personal incomes	Central government expenditure taxes	Local government rates	Employees' social security contributions	Employers' social security contributions	Company taxation†
1946‡	…	…	…	…	…	…	1,053(29.1)	1,303(36.1)	269 (7.4)	86 (2.4)	84 (2.3)	665(18.4)
1950	…	…	…	…	…	…	1,001(22.2)	1,723(38.3)	337 (7.5)	241 (5.3)	199 (4.4)	795(17.7)
1955	…	…	…	…	…	…	1,305(22.7)	2,168(37.8)	475 (8.3)	315 (5.5)	279 (4.9)	965(16.8)
1960	…	…	…	…	…	…	1,961(261)	2,607(34.6)	771(10.2)	488 (6.5)	425 (5.6)	733 (9.7)
1965	…	…	…	…	…	…	3,297(29.9)	3,731(33.9)	1,228(11.1)	854 (7.7)	831 (7.5)	760 (6.9)
1970	…	…	…	…	…	…	5,774(30.0)	6,589(34.4)	1,827 (9.5)	1,301 (6.8)	1,354 (7.1)	1,737 (9.1)
1971	…	…	…	…	…	…	6,490(32.0)	6,701(33.0)	2,086(10.3)	1,373 (6.8)	1,453 (7.2)	1,594 (7.9)
1972	…	…	…	…	…	…	6,623(30.8)	6,888(32.1)	2,379(11.1)	1,629 (7.6)	1,708 (8.0)	1,558 (7.3)
1973	…	…	…	…	…	…	7,503(31.0)	7,475(30.9)	2,647(10.9)	1,883 (7.8)	2,054 (8.5)	1,908 (7.9)
1974	…	…	…	…	…	…	9,763(32.6)	8,380(28.0)	3,089(10.3)	2,209 (7.4)	2,791 (9.3)	2,950 (9.8)
1975	…	…	…	…	…	…	14,335(37.2)	10,185(26.4)	3,978(10.3)	2,769 (7.2)	4,079 (10.6)	2,455 (6.4)
1976	…	…	…	…	…	…	16,678(37.3)	12,043(26.9)	4,503(10.1)	3,351 (7.5)	5,075(11.4)	2,308 (5.2)
1977	…	…	…	…	…	…	17,323(34.0)	15,165(29.7)	5,077(10.0)	3,806 (7.5)	5,702(11.2)	3,155 (6.2)
1978	…	…	…	…	…	…	18,514(32.8)	17,534(31.0)	5,681(10.1)	3,998 (7.1)	6,060(10.7)	3,954 (7.0)
1979	…	…	…	…	…	…	20,174(29.6)	29,876(35.1)	6,539 (9.6)	4,566 (6.7)	6,952(10.2)	5,057 (7.4)
^* The figures in brackets are percentages of total general government revenue from taxes (including capital taxes and local authorities rates) and national insurance etc. contributions.
† Taxes on company income and corporation tax on capital gains.
‡ Figures for 1945 are not available.

Source: National accounts.

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