§ Miss Richardsonasked the Chancellor of the Exchequer if he will set out the proportion of Government revenue derived from capital taxation in each year since 1970–71 and including an estimate for 1982–83.
§ Mr. RidleyFollowing is the information:
A B Capital Taxation Government Revenue A as a percentage of B £ million £ million 1970–71 591 15,843 3.7 1971–72 673 16,932 4.0 1972–73 763 17,178 4.4 1973–74 941 18,226 5.2 1974–75 926 23,570 3.9 1975–76 849 29,417 2.9 1976–77 865 33,778 2.6 1977–78 912 38,773 2.4 1978–79 923 43,088 2.1 1979–80 1,105 54,331 2.0 1980–81 1,227 66,213 1.9 1981–82* 1,651 76,288 2.2 1982–8† 1,370 82,895 1.7 * Estimated Outturn †Forecast