§ Ms ArmstrongTo ask the Chancellor of the Exchequer how much is owed to the Inland Revenue in uncollected taxes; and how much has had to be written off in each of the past five years. [26802]
§ Mr. Jack[holding answer 25 April 1996]The following table shows the figures for the amounts of uncollected tax owed to the Inland Revenue as at the end of October 1994, the latest date for which figures are available. The amounts represent tax assessed and collectible but not paid as at that date.
Type of Tax Amount £ million Corporation tax 561 Corporation Tax Pay and File 158 Capital Gains Tax 151 Income Tax (excluding PAYE) 2,250 PAYE (including sub-contractor's deductions) 647 Advance Corportion Tax 4 Income Tax on Interest etc. 2 Petroleum Revenue Tax 5 Total 3,778 The amounts of tax remitted or written off for each of the last five year are as follows:
Year to end October Amount remitted written off £ Million 1994 1,159.2 1993 1,580.2 1992 1,694.2 1991 883.9 1990 568.8