HC Deb 27 January 1989 vol 145 cc787-9W
Mr. Ralph Howell

To ask the Chancellor of the Exchequer what has been the overall revenue from

Total revenue from taxation plus national insurance contributions in current prices, real terms and as a percentage of GDP
Five year averages £ billion Total taxes and NICs (current prices1) Total taxes and NICs in real terms (1987–88 prices) Total taxes and NICs as a per cent. of GDP
1963–64 to 1967–68 11.4 81.1 31.1
1968–69 to 1972–73 19.0 103.9 34.9
1973–74 to 1977–78 39.1 117.1 35.2

taxation plus national insurance contribution in cash terms, real terms, and as a percentage of gross domestic product for each period of five years since 1959.

Mr. Major

The available information is as follows:

Five year averages £billion Total taxes and NICs (current prices1) Total taxes and NICs in real terms (1987–88 prices) Total taxes and NICs as a per cent. of GDP
1978–79 to 1982–83 86.0 131.7 37.0
1983–84 to 1987–88 139.2 152.2 38.4
1 prices prevailing at the time.

Source: CSO, Financial Statistics Economic Trends.