Corporation Tax (Hansard, 14 November 1983)

HC Deb 14 November 1983 vol 48 c301W 301W

§ Mr. Michael Forsyth
asked the Chancellor of the Exchequer how much revenue has been raised by corporation tax in each of the years 1978–79 to 1982–83; and what is the estimated amount that will be raised in the current year.

§ Mr. John Moore
The figures are:

Corporation tax raised Of which advance corporation tax

£ million £ million

1978–79 3,940 1,380

1979–80 4,646 1,831

1980–81 4,645 1,823

1981–82 4,925 1,993

1982–83 5,564 2,222

1983–84^* 6,200 2,270

^* Forecast.

Figures of net receipts of corporation tax and of other Inland Revenue taxes are published in table 3.11 of Financial Statistics.

	Corporation tax raised	Of which advance corporation tax
	£ million	£ million
1978–79	3,940	1,380
1979–80	4,646	1,831
1980–81	4,645	1,823
1981–82	4,925	1,993
1982–83	5,564	2,222
1983–84^*	6,200	2,270
^* Forecast.