§ Mr. Woofasked the Chancellor of the Exchequer what was the total tax revenue in the United Kingdom for the year 1966–67; what percentage of the gross national product this represented; and what are the comparable figures for the year 1974–75.
§ Mr. Robert SheldonFollowing is the information:
Total Tax Revenue (£m.) As a percentage of GNP (at factor cost) 1966–67 … 10,628 31.2 1974–75* … 27,725 32.9 * Provisional. Note: Total tax revenue includes public sector receipts from taxes on income, expenditure and capital, and from local rates.