§ Mr. Meacherasked the Chancellor of the Exchequer how much corporation tax was paid in total in each of the past three years by the 50 companies with the largest turnover.
§ Mr. Peter ReesI regret that information is not available in the form requested. The available analyses by size of company are based on the amount of profits charged, after allowances and various reliefs, to corporation tax, and
GENERAL GOVERNMENT REVENUE* £ million Taxes on Expenditure National Insurance etc. contributions Taxes on Income Central Government Local Authorities 1946† … … 1,728 (47.8) 1,303 (36.1) 269 (7.4) 170 (4.7) 1950 … … 1,811 (40.2) 1,723 (38.3) 337 (7.5) 440 (9.8) 1955 … … 2,319 (40.4) 2,168 (37.8) 475 (8.3) 594 (10.3) 1960 … … 2,725 (37.6) 2,607 (34.6) 771 (10.2) 913 (12.6) 1965 … … 4,080 (37.1) 3,731 (33.9) 1,228 (11.1) 1,685 (15.3) 1970 … … 7,453 (38.8) 6,589 (34.3) 1,827 (9.5) 2,655 (13.8) 1971 … … 7,884 (39.1) 6,701 (32.2) 2,086 (10.3) 2,826 (14.0) 1972 … … 8,083 (37.7) 6,888 (32.1) 2,379 (11.1) 3,337 (15.6) 1973 … … 9,252 (38.2) 7,475 (30.9) 2,647 (10.9) 3,937 (16.3) 1974 … … 12,414 (41.6) 8,381 (28.1) 3,089 (10.3) 5,000 (16.7) 1975 … … 16,485 (43.0) 10,184 (26.5) 3,978 (10.4) 6,845 (17.8) 1976 … … 18,745 (42.1) 12,043 (27.0) 4,503 (10.1) 8,430 (18.9) 1977 … … 20,315 (39.7) 15,252 (29.8) 5,194 (10.2) 9,492 (18.6) 1978 … … 22,449 (39.5) 17,822 (31.4) 5,630 (9.9) 10,020 (17.6) * The figures in brackets are percentages of total general Government revenue from taxes (including capital taxes and local authority rates) and national insurance etc. contributions. † Figures for 1945 are not available.