HC Deb 01 May 1967 vol 746 cc16-7W
Mr. Driberg

asked the Chancellor of the Exchequer if he will publish in the OFFICIAL REPORT a table showing, for 1938 and for each year since 1946, total company gross trading profits, total United Kingdom taxes paid by companies, total United Kingdom taxes paid by companies as a percentage of the gross national product at factor cost,

United Kingdom taxes on income
paid by companies†
Gross trading profits of companies* £ million United Kingdom taxes on income paid by companies † £ million as a percentage of gross national product at factor cost as a percentage of gross trading profits of companies
1938 690 92 1.8 13.3
1946 1,476 651 7.4 44.1
1947 1,694 513 5.4 30.3
1948 1,793 626 6.0 34.9
1949 1,843 786 7.1 42.6
1950 2,126 779 6.6 36.6
1951 2,483 746 5.8 30.0
1952 2,180 982 7.0 45.0
1953 2,313 944 6.3 40.8
1954 2,578 856 5.4 33.2
1955 2,894 940 5.5 32.5
1956 2,938 864 4.7 29.4
1957 3,091 950 4.9 30.7
1958 2,999 989 4.9 33.0
1959 3,337 957 4.5 28.7
1960 3,760 703 3.1 18.7
1961 3,665 801 3.3 21.9
1962 3,620 973 3.8 26.9
1963 4,070 854 3.2 21.0
1964 4,675 765 2.6 16.4
1965 4,859 746 2.4 15.4
1966 4,638 771 2.4 16.6
* Before providing for depreciation and stock appreciation.
† Including the U.K. tax on rent and trading income arising in the U.K. and on incomes from abroad, but excluding tax recovered by deduction from dividends and interest paid.