HC Deb 11 February 1985 vol 73 cc60-1W
Dr. McDonald

asked the Chancellor of the Exchequer if, pursuant to his answer given on 11 January, Official Report, column 563, he will publish in the Official Report the total estimated tax revenue for 1984–85 broken down into the headings used in his earlier reply and show this as a proportion of gross domestic product at market prices.

Mr. Moore

The information is in the table.

£ billion Percentage of gross domestic product at market prices
Income tax 34 10.3
Non-North sea corporation tax 5 1.7
North sea taxes* 12 3.6
Capital taxes and stamp duty 3 0.8
National insurance contributions— employees 11 3.4
National insurance contributions— employers 12 3.6
National insurance surcharge 1 0.2
Local authority rates 13 3.9
Taxes on expenditure 38 11.6
Total† 128 39.2
* Before advanced corporation tax set-off.
† Components do not sum to total because of rounding.

Dr. McDonald

asked the Chancellor of the Exchequer what is the effect on revenue in 1984–85 of the decisions made in Budgets from 1982 onwards to raise higher tax bands over and above the rate of inflation.

Mr. Moore

I shall let the hon. Member have a reply as soon as possible.