Corporation Tax (Hansard, 6 May 1977)

HC Deb 06 May 1977 vol 931 c304W 304W

§ Mr. Rooker
asked the Chancellor of the Exchequer what percentage of total revenue corporation tax has formed in each of the past eight years.

§ Mr. Denzil Davies
Corporation tax has formed the following percentage of total central Government revenue from taxation in the past eight financial years:

Financial Year Per cent.

1969–70 … … 11.4

1970–71 … … 10.4

1971–72 … … 9.6

1972–73 … … 9.3

1973–74 … … 130

1974–75 … … 12.9

1975–76 … … 7.1

1976–77^* … … 8.2

^* Provisional

Source: Annual Abstract of Statistics; FSBR.

Financial Year			Per cent.
1969–70	…	…	11.4
1970–71	…	…	10.4
1971–72	…	…	9.6
1972–73	…	…	9.3
1973–74	…	…	130
1974–75	…	…	12.9
1975–76	…	…	7.1
1976–77^*	…	…	8.2
^* Provisional