§ Mr. Rookerasked the Chancellor of the Exchequer if he will publish in the Official Report a table showing the comparison between the yield in real terms in 1978–79 and what he is now proposing for 1986–87 in (a) direct taxes including national insurance and (b) indirect taxes.
§ Mr. Moore[pursuant to his reply, 21 March 1986, c. 307–8]: The figures are as follows:
£ billion 1986–87 prices* 1978–79 1986–87 change (a) Direct taxes of which 55.5 68.4 +12.9 Income tax (37.3) (38.7) (+1.4) (b) Indirect taxes 58.5 75.4 +16.9 (c) Total taxes, royalties and national insurance and other contributions 114.0 143.8 +29.8 * deflated using the GDP deflator.
§ Mr. Rookerasked the Chancellor of the Exchequer what is the estimated yield from all sources of taxation including excise and other duties for 1986–87; what was the comparable yield for 1978–79 revalued at 1986–87 prices; and if he will publish a breakdown by categories of the real increase in taxes between 1978–79 and 1986–87 similar to that in his answer of 29 March 1985, Official Report, column 370.
§ Mr. Moore[pursuant to his reply, 21 March 1986, c. 307–8]: The estimated total yield from all sources of taxation, including local authority rates and national insurance contributions, is £144 billion in 1986–87; the 427W yield in 1978–79 revalued at 1986–87 prices using the GDP deflator is £114 billion. The other information requested is in the table.
£ billion, 1986–87 prices Change on 1978–79 Income tax +1.4 Non-North Sea corporation tax* +2.0 North Sea revenues† +5.0 Capital taxes and stamp duties +1.7 Employees' NICs +4.7 Employers' NICs +1.5 NIS -4.1 LA rates +4.3 Taxes on expenditure, excluding LA rates, NIS and stamp duties +14.6 Other† -1.2 Total change║ in taxes, royalties and national insurance contributions +29.8 * Including mainstream and advance corporation tax. † Before advance corporation tax (ACT) set-off. † Adjustments for ACT set off against North Sea corporation tax plus accruals adjustments. ║ Components do not sum to total because of rounding.