Corporation Tax (Hansard, 5 March 1976)

§ Mr. Wigley
asked the Chancellor of the Exchequer what was the estimated level of corporation tax paid by companies in Wales for the year 1974–75; and what provision is made in this estimate for companies trading in Wales which are subsidiaries of other companies outside Wales who pay all their corporation tax through offices outside Wales.

§ Mr. Joel Barnett
Corporation tax collected in Wales in 1974–75 amounted to £22.6 million. This figure relates to

Cmnd. 4234 1969–70 1970–71 1971–72 1972–73 1973–74

Total public expenditure:

£ million in cost terms at 1969–70 prices including the relative price effect … 20,057 20,754 21,420 22,170 22,950

1969–70 = 100 … 100.0 103.5 106.8 110.5 114.4

Expenditure on main programmes:

£ million in cost terms at 1969–70 prices including the relative price effect … 18,057 18,679 19,220 19,820 20,450

1969–70 = 100 … 100.0 103.4 106.4 109.8 113.3

Cmnd. 5519 1973–74 1974–75 1975–76 1976–77 1977–78

Total public expenditure:

£ million in cost terms at 1973–74 prices including the relative price effect … 32,348 32,804 33,280 33,800 34,727

1973–74=100 … 100.0 101.4 102.9 104.5 107.4

Expenditure on main programmes:

£ million in cost terms at 1973–74 prices including the relative price effect … 29,798 30,154 30,530 30,950 31,777

1973–74=100 … 100.0 101.2 102.5 103.9 106.6

§ Mr. Timothy Raison
asked the Chancellor of the Exchequer if he will allocate the identifiable public expenditure in Command Paper No. 6293 per head by programme for England, Scotland and Wales, for the years 1970–71 to 1979–80.

§ Mr. Joel Barnett
I regret that expenditure figures are not available in this form. I would, however, draw the hon. Member's attention to my reply to the hon. Member for Caernarvon (Mr. Wigley) on 10th December and to Tables 3.1 and 3.3 of Command Paper No. 6393, which provide programme analyses over the full 10 years of actual and planned expenditure within the responsibility of
766W
companies whose registered offices are in Wales and includes any which are subsidiaries of companies registered elsewhere, but these cannot be separately identified.

Cmnd. 4234		1969–70	1970–71	1971–72	1972–73	1973–74
Total public expenditure:
£ million in cost terms at 1969–70 prices including the relative price effect	…	20,057	20,754	21,420	22,170	22,950
1969–70 = 100	…	100.0	103.5	106.8	110.5	114.4
Expenditure on main programmes:
£ million in cost terms at 1969–70 prices including the relative price effect	…	18,057	18,679	19,220	19,820	20,450
1969–70 = 100	…	100.0	103.4	106.4	109.8	113.3
Cmnd. 5519		1973–74	1974–75	1975–76	1976–77	1977–78
Total public expenditure:
£ million in cost terms at 1973–74 prices including the relative price effect	…	32,348	32,804	33,280	33,800	34,727
1973–74=100	…	100.0	101.4	102.9	104.5	107.4
Expenditure on main programmes:
£ million in cost terms at 1973–74 prices including the relative price effect	…	29,798	30,154	30,530	30,950	31,777
1973–74=100	…	100.0	101.2	102.5	103.9	106.6