Tax Yield (Hansard, 17 July 1985)

HC Deb 17 July 1985 vol 83 c147W 147W

§ Mr. Hardy
asked the Chancellor of the Exchequer what is his latest estimate of the total yield of income tax and of value added tax in the current financial year and in 1979–80.

§ Mr. Moore
The following is the information requested:

1979–80 1985–86

£ million £ million

Income Tax ^*20,600 ‡35,200

Value Added Tax †8,200 ‡18,300

Source:
^*Inland Revenue. 125th Annual Report. Cmnd. 9305 Table 1.
†Customs and Excise. 75th Annual Report. Cmnd. 9391 Table 7.
‡FSBR. Table 6.8.

	1979–80	1985–86
	£ million	£ million
Income Tax	^*20,600	‡35,200
Value Added Tax	†8,200	‡18,300