§ Mr. Knoxasked the Chancellor of the Exchequer by how much the revenue derived from taxes on company profits changed in each year since 1964.
§ Mr. NottI am not sure what my hon. Friend wishes to include in the figures.
The latest published estimates of payments of United Kingdom tax on income by the company sector are as follows:
Year Change from previous year £ million £ million Per cent, 1964 703 — — 1965 656 -47 -6.7 1966 675 +19 +2.9 1967 963 +288 +42.7 1968 1,038 +75 +7.8 1969 1,100 +62 +6.0 1970 1,466 +366 +33.3 1971 1,436 -30 -2.0 The precise coverage of these figures is set out on pages 211 and 213 of the National Accounts Statistics—sources and methods.