Income Tax, Surtax and Profits Tax (Net Yield)

HC Deb 26 June 1959 vol 607 c167W

Mr. H. Wilson

asked the Chancellor of the Exchequer for the latest available financial year the total tax yield from personal Income Tax, Surtax, company Income Tax and company Profits Tax, and also the respective yields of Schedule D and Schedule E Income Tax.

Mr. Amory

The total net yield from Income Tax, Surtax and Profits Tax in 1958–59 was £2,757 million, of which it is estimated that the net amount paid under Schedule D was £1,130 million and under Schedule E £980 million.