Corporation Tax (Hansard, 26 June 1997)

§ Mr. Jack
To ask the Chancellor of the Exchequer what was in each of the last five financial years the amount of corporation tax paid as a proportion of companies' pre-tax profits. [3375]
591W

§ Dawn Primarolo
United Kingdom taxes on company income as a percentage of trading income before dividends calculated from calendar year national accounting aggregates are as follows:

1992: 16.4

1993: 14.1

1994: 13.7

1995: 17.1

1996: 18.7

§ Mr. Ian Taylor
To ask the Chancellor of the Exchequer if he has met representatives of pension funds and charities to discuss the impact of changes in advance corporation tax. [3744]

§ Dawn Primarolo
No.

§ Mr. Green
To ask the Chancellor of the Exchequer if he will make a statement on the rate of advance corporation tax on dividends. [3330]

§ Dawn Primarolo
The rate of advance corporation tax on dividends for the financial year 1997 is 20/80, as set out in the last Finance Act.