HC Deb 10 December 1970 vol 808 cc186-7W
Mr. Chichester-Clark

asked the Chancellor of the Exchequer by how much rates of taxation rose in each of the financial years 1965–66 to 1970–71, inclusive; and by how much the proposed cut in income tax and corporation tax will reduce them.

Mr. Higgins

The following is a list of rises in rates of taxation from 1965–66 to 1970–71 inclusive:

Date Tax Increases
Tobacco duty 4s. 4d. per 1b.
Vehicle Excise Duty—Cars £7 10s.
Goods vehicles Between 50 per cent, and 33½ per cent.
Selective Employment Tax 50 per cent. of the then existing tax rates.
Betting duty 2½ per cent.
Pool betting duty 8⅓ per cent.
Licence duties for gaming Between £25 and £25,000.
November Duties on beer, wine, spirits, hydrocarbon oil and tobacco, and all rates of purchase tax. 10 per cent. of the then existing tax rates.
1969
April Corporation Tax 2½ per cent.
Beer, spirits and tobacco duties, and purchase tax (all rates). Substantive rates raised to compensate for withdrawal of the surcharge of November 1968.
Light hydrocarbon oils 7d. a gallon (above the surcharge—exclusive, level).
Wine and British wine 9s. a gallon (above the surcharge—exclusiv-rate of duty).
Off-course betting licence duty Three times rateable value.
Three highest rates of gaming licence duty Between £5,000 and £25,000.
Gaming machines Between £25 and £225.
Selective Employment Tax 10s. 6d. for men, 5s. 3d. for women and boys. 4s. for girls.
1970
April General betting duty (with repeal of the betting premises licence duty). 1 per cent, (except on-course bets).
The Chancellor's proposal of 27th October will reduce the rate of income tax by 6d. and the rate of Corporation Tax by 2½ per cent.