HC Deb 09 March 1981 vol 1000 c256W
Mr. John Grant

asked the Chancellor of the Exchequer what is his estimate of the change in real terms of revenue from company taxation in the year 1980–81 compared with 1979–80 (a) excluding revenues from North Sea oil in both years and (b) excluding the increased revenue from North Sea oil in 1980–81 compared with 1979–80.

Mr. Peter Rees

Decrease of approximately(a) 19 per cent, and (b) 17 per cent.