§ Mr. Craigenasked the Chancellor of the Exchequer how much corporation tax has been paid in each of the past four years; and what percentage of taxation this has represented.
§ Mr. Denzil DaviesThe figures are as follows:
(1) (2) (3) Financial year Net receipt of corporation tax£ million (2) as a percentage of total taxation 1972–73 1,533.1 9.3 1973–74 2,262.7 13.0 1974–75 2,858.7 12.9 1975–76 1,995.6 7.1