Company Taxation

HC Deb 08 December 1980 vol 995 cc250-1W

Mr. Banks

asked the Chancellor of the Exchequer if he will set out his expected revenue from company taxation compared to the amount raised in the last financial year.

Mr. Peter Rees

Following are the figures:

	(£ million)
	1979–80 Outturn	1980–81 Estimate
Corporation tax	4,646	4,860
Petroleum revenue tax	1,435	2,560