§ Mr. Deakinsasked the Chancellor of the Exchequer what proportion of total Government revenue has been received from (a) direct taxation of individuals, (b) indirect taxation, including excise duties and car tax, (c) North sea oil and gas taxation and (d) sales of public assets in each of the past five years.
§ Mr. Norman LamontThe figures are as follows:
Percentages of general Government receipts (a) (b) (c) Taxes on personal incomes Expenditure taxes* North Sea revenues 1981–82 25.7 40.0 5.8 1982–83 24.9 38.4 6.4 1983–84 24.0 38.2 6.8 1984–85 23.1 37.7 8.5 1985–86† 23.6 37.8 7.7 * Including local authority rates. † Estimates (see FSBR, Table 1.2). The proceeds from sales of public assets are not treated as revenue, but as negative expenditure.
Estimates of privatisation proceeds were given in the 1986 Public Expenditure White Paper, Cmnd. 9702-II (tables 2.1 and 2.2). Some estimates of other asset sales were give in answer to the hon. Member for Sedgefield (Mr. Blair) on 28 January at columns 441–2.