§ 125. Mr. Blakerasked the Chancellor of the Exchequer what were the amounts paid, or expected to be paid, by manufacturing industry in each of the years 196364 to 1969–70 in, respectively, income tax and profits tax, corporation tax, selective employment tax, duty on light and heavy hydrocarbon oils, vehicle excise duty and the amount of income tax deducted at source under Schedule XII, in respect of all distributions and annual payments, indicating the definition of manufacturing industry used.
§ 128. Mr. Michael Shawasked the Chancellor of the Exchequer if he will state for the following trade groups, chemicals, oil and allied trades, electrical engineering and electrical goods, other non-electrical engineering, and vehicles 267W the amounts paid or expected to be paid in each of the years 1963 to 1964 to 1969 to 1970 in respect of income tax and profits tax, corporation tax and the amount of income tax deducted at source under Schedule XII, in respect of all distributions and annual payments of enterprises in these groups.
TABLE £ million Year 1963–4 1964–5 1965–6 Trade Group Income Tax Profits Tax Income Tax Profits Tax Income Tax Profits Tax Manufacturing 546 214 589 234 681 243 Chemicals, oils and allied trades 58 26 62 30 69 28 Electrical Engineering and Electrical Goods 42 16 49 19 63 21 Other Non-electrical Engineering 73 32 81 32 100 36 Vehicles 27 10 38 15 37 14
Year 1966–7 1967–8 Trade Group Income Tax Profits Tax Corporation Tax Schedule 12 Income Tax Corporation Tax Schedule 12 Manufacturing 18 3 691 380 21 717 431 Chemicals, oils and allied trades — 1 63 96 1 80 91 Electrical Engineering and Electrical Goods 1 — 62 23 1 62 39 Other Non-electrical Engineering 3 1 108 31 4 133 34 Vehicles 1 — 44 16 1 42 24 Notes to the Table
"Manufacturing" covers the trade groups listed as such in Table 32 of the Blue Book on National Income and Expenditure 1969.
1. Full details are not yet available for years after 1967–68.
2. The figures of tax shown are the estimated amounts due on
(a) income tax assessments under Schedule D made in the year which relate broadly to the profits of the previous year. The figures cover the tax and sole traders and partnerships as well as trading companies;
(b) Profits tax assessments on profits of the previous year;
(c) Income tax under Schedule 12 deducted at source from distributions and annual payments made in the year. The figures for 1966–67 include tax in respect of "excess" dividends for 1965–66.