§ Mr. Michael Morrisasked the Secretary of State for the Environment what is his latest estimate of the proportion of net disposable personal income taken by rate payments.
§ Mr. Guy BarnettDomestic rate payments currently account for about 2.1 per cent. of personal disposable income in England and Wales.
§ Mr. Michael Morrisasked the Secretary of State for the Environment what is his latest estimate of the yield of rates in England and Wales; and what proportion comes from (a) domestic properties, (b) industrial premises, (c) commercial premises, and (d) other categories.
70W
§ Mr. Guy BarnettThe latest estimates in respect of the financial year 1978–79 are:
£ million Rate income(1) 5,225 Proportion arising from Domestic properties 43 per cent Non-domestic properties(2) Industrial 12½ per cent Commercial 27 per cent Other 17½ per cent (1) Before deducting the cost of rate collection and rate rebate grants. Excluding resources and domestic element grants. (2) Approximate estimates based on the composition of non-domestic rateable values.