Gross National Product (Hansard, 16 December 1975)

§ Mr. David Price
asked the Chancellor of the Exchequer if he will publish figures showing the proportions of the gross domestic product taken up by public expenditure, by wages and salaries, by corporate profits and by investment in manufacturing industry from 1969 to the latest convenient year.

§ Mr. Denzil Davies
The following table shows the figures requested:
average earnings, in each year since 1945.

Mr. Robert Seldon
, pursuant to his reply [Official Report, 9th December 1975; Vol. 902, c. 111], gave the following information:
567W

Single Man Married Man—2 children not over 11

Year Tax Per cent. N.I. Per cent. Total Per cent. Tax Per cent. N.I. Per cent. Total Per cent.

1971–72 … … 22.3 6.0 28.3 13.0 5.8 18.8

1972–73 … … 20.6 6.0 26.5 12.5 5.8 18.3

1973–74 … … 21.6 5.9 27.5 14.2 5.9 20.1

1974–75 … … 24.8 6.0 30.8 16.4 5.9 22.3

1975–76 … … 27.5 5.5 33.0 19.9 5.4 25.3

Notes:

1. Tax and National Insurance Contributions have been expressed as a percentage of gross income, which for the married man includes family allowance.

2. Earnings are average earnings of full-time manual men aged twenty-one and over in manufacturing and certain other industries at October of each year, except for 1945–46 and 1975–76 when the figures related to July and September respectively.

3. National Insurance Contributions relate to a manual adult male who is not "contracted out" of the Graduated Pension Scheme, and include graduated contributions where appropriate.

4. Any difference between the sum of the National Insurance and Tax percentages and the Total is due to roundings in the calculations.

			Single Man	Married Man—2 children not over 11
Year	Tax Per cent.	N.I. Per cent.	Total Per cent.	Tax Per cent.	N.I. Per cent.	Total Per cent.
1971–72	…	…	22.3	6.0	28.3	13.0	5.8	18.8
1972–73	…	…	20.6	6.0	26.5	12.5	5.8	18.3
1973–74	…	…	21.6	5.9	27.5	14.2	5.9	20.1
1974–75	…	…	24.8	6.0	30.8	16.4	5.9	22.3
1975–76	…	…	27.5	5.5	33.0	19.9	5.4	25.3
Notes:
1. Tax and National Insurance Contributions have been expressed as a percentage of gross income, which for the married man includes family allowance.
2. Earnings are average earnings of full-time manual men aged twenty-one and over in manufacturing and certain other industries at October of each year, except for 1945–46 and 1975–76 when the figures related to July and September respectively.
3. National Insurance Contributions relate to a manual adult male who is not "contracted out" of the Graduated Pension Scheme, and include graduated contributions where appropriate.
4. Any difference between the sum of the National Insurance and Tax percentages and the Total is due to roundings in the calculations.