§ Sir Trevor SkeetTo ask the Chancellor of the Exchequer if he will express the current level of corporation tax in the United Kingdom as a percentage of gross domestic product and provide comparable figures for other European Community countries and the United States of America.
§ Mr. LilleyOn the first part of the question I refer my hon. Friend to the reply I gave to the hon. Member for
Stamp duty yield attributable to residential property and average house prices 1985–86 1986–87 1987–88 1988–89 Region Stamp duty yield Average house price Stamp duty yield Average house price Stamp duty yield Average house price Stamp duty yield Average house price £ million £ £ million £ £ million £ £ million £ North 5 22,754 10 25,058 15 23,132 15 30,667 Yorkshire and Humberside 10 23,756 15 25,928 25 28,417 40 34,805 East Midlands 15 25,863 20 29,171 30 33,138 55 43,272 East Anglia 15 32,549 15 26,546 35 45,611 45 61,310 South East 145 46,392 205 57,102 295 68,093 360 80,249 Greater London 105 42,002 150 50,061 210 60,339 250 76,999 SouthWest 40 34,261 60 39,811 95 46,713 125 61,985 West Midlands 20 26,386 25 28,810 40 33,873 60 45,179 North West 15 25,654 20 28,072 35 29,989 50 35,583 Wales 5 25,333 10 27,502 15 30,210 25 36,007 Scotland 20 27,260 30 28,115 30 29,428 40 32,031 Northern Ireland 23,513 26,749 28,094 30,335 Total 400 570 820 1,065 Note: Regional figures may not add to totals due to rounding.
162WGreat Grimsby (Mr. Mitchell) on 1 March 1990, Official Report, column 265. The most recent comparable figures for European Community countries and the United States of America are given in table 12 of "Revenue Statistics of OECD Member Countries 1964–1988" which is available in the Library.