§ Mr. Albert Robertsasked the Secretary of State for the Colonies what amount of grant has been made to Gibraltar during the past three years; what revenue he receives by way of taxation from residents of Gibraltar; and if he will give the rate of tax now in force in Gibraltar.
§ Mr. Frederick LeeGrants actually issued to Gibraltar during the last three years are as follows:
1964 1965 1966 (Jan. to Sept.) £ £ £ Colonial Development and Welfare Schemes 34,000 230,000 183,000 Technical Assistance (including Overseas Service Aid Scheme, and Commonwealth Education Council Bursaries) 12,000 13,000 18,000 Grant-in-Aid — 100,000* — NOTE:
*Actually drawn in 1966.
The revenue raised by Gibraltar taxation accrues to the Government of Gibraltar and not to the British Government. During the last three years Gibraltar Government revenues from all sources have amounted to
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1964 1965 1966 (Estimated) £ £ £ 2,087,000 1,848,000 1,984,000 (including £100,000 grant-in-aid from the U.K. Government) The standard rate of Income Tax in Gibraltar at present is 5s. in the £ for individuals and 3s. 9d. in the £ for companies and bodies of persons.