National Product and Tax Revenue

HC Deb 22 December 1954 vol 535 c306W

Mr. Hamilton

asked the Chancellor of the Exchequer the total tax revenue and the total national income, respectively, in each year since 1945; and the former figure, expressed as a percentage of the latter, in each of those years.

Mr. R. A. Butler

The figures requested are as follows, and are derived from "National Income and Expenditure 1946 to 1953":

£ million
		(1)	(2)	(3)
—	Gross national product (a)	Central Government receipts from taxation (b)	(2) as percentage of (1)
1946	…	8,646	3,141	36.3
1947	…	9,210	3,137	34.1
1948	…	10,250	3,513	34.3
1949	…	10,970	3,689	33.6
1950	…	11,545	3,707	32.1
1951	…	12,715	4,008	31.5
1952	…	13,738	4,206	30.6
1953	…	14,796	4,196	28.4

(a) Equals national income plus provision for depreciation as stated in Table 1.

(b) Table 30, item 15.

Comparable figures are not available for 1945.