HC Deb 23 March 1964 vol 692 cc31-2W
Mr. A. Lewis

asked the Chancellor of the Exchequer if he will give the rates of total revenue received from Surtax in each of the years from 1951 to 1963; and what estimate he has made of the estimated revenue return for the year 1962–63 if Surtax rates had been left at the 1951–52 level.

Mr. Green

The net receipt of surtax was as follows:

£ million
1951 124.9
1952 128.4
1953 129.6
1954 131.8
1955 132.1
1956 144.5
1957 159.2
1958 160.7
1959 169.4
1960 177.6
1961 196.4
1962 229.8
1963 174.1
No estimate has been made of what the yield of Surtax would have been in 1962–63 if the Surtax rates had been the same as in 1951–52.

Mr. Green

The information is as follows: