Corporation Tax (Hansard, 27 June 1974)

HC Deb 27 June 1974 vol 875 c509W 509W

§ Mr. Stanley
asked the Chancellor of the Exchequer what has been the yield from corporation tax in each of the last five financial years.

§ Dr. Gilbert
Net receipts of corporation tax for 1969–70 to 1972–73 are given below:

£ million

1969–70 … … … 1,696.7

1970–71 … … … 1,582.7

1971–72 … … … 1,553.6

1972–73 … … … 1,533.1

This information can also be found in Table 8 on page 32 of the 116th Report of Her Majesty's Commissioners of Inland Revenue (Cmnd. 5487). Provisional net receipts for 1973–74 were£2,262 million.

£ million
1969–70	…	…	…	1,696.7
1970–71	…	…	…	1,582.7
1971–72	…	…	…	1,553.6
1972–73	…	…	…	1,533.1