§ Sir C. Osborneasked the Chancellor of the Exchequer what profits were earned in 1967 from which £1,610 million were paid in gross ordinary dividends; how much Corporation Tax was paid; how much of the £1,610 million went to pension funds, insurance funds and unit trust funds; of the remainder how much was paid in Income Tax and Surtax, respectively; and what amount was left to shareholders for private spending or investment.
§ Mr. Harold LeverGross trading profits of companies in 1967 are estimated at £4,851 million, before provision for depreciation and stock appreciation.140W A further £2,753 million was received in rent, non-trading income and income from abroad. United Kingdom tax accruals amounted to £1,268 million and tax paid to overseas Governments in respect of income from abroad to £530 million. It is not possible to analyse the payment of ordinary dividends between different classes of shareholder, nor is it possible to estimate the tax ultimately payable on these dividends, since this depends on the personal circumstances and other income of the recipients.