HC Deb 30 January 1987 vol 109 cc417-20W
Dr. McDonald

asked the Chancellor of the Exchequer what was the percentage and amount of national incom

Tax revenues and national insurance contributions
£ billion
1979–80 1980–81 1981–82 1982–83 1983–84 1984–85 1985–86 1986–871
Taxes on income and expenditure2 54 63 75 80 85 93 101 102
of which: North sea revenues3 2 4 6 8 9 11 11 5
Local authority rates 7 9 11 12 12 13 14 15
National insurance contributions 12 14 16 19 21 23 24 26
Total 73 86 102 111 118 129 139 144
1 Autumn statement forecasts.
2 Excluding local authority rates.
3 Figures may not sum to totals because of rounding.

Tax revenues and national insurance contributions as a percentage of gross domestic product at market prices
1979–80 1980–81 1981–82 1982–83 1983–84 1984–85 1985–86 1986–871
Taxes on income and expenditure2 26 27 29 28 28 28 28 27
of which: North sea revenues3 1 2 3 3 3 3 3 1
Local authority rates 3 4 4 4 4 4 4 4
National insurance contributions 6 6 6 7 7 7 7 7
Total 35 37 39 39 39 39 39 38
1 Autumn statement forecasts.
2 Excluding local authority rates.
3 Figures may not sum to totals because of rounding.

Dr. McDonald

asked the Chancellor of the Exchequer if, in the manner of his reply of 20 January 1986, Official Report, c. 83–84, he will publish and update the table on total estimates tax revenue, broken down into the headings shown for 1986–87.

Mr. Norman Lamont

[pursuant to his reply, 29 January 1987]: Estimates based on the autumn statement forecast for 1986–87 are given in the table below. The definitions used for non-North sea corporation tax and taxes on expenditure differ slightly from those used in the table in the Official Report of 20 January 1986, c. 83–84, but are consistent with the forecasts published in the 1986–87 Financial Statement and Budget Report, table 1.2

£ billion Percentage of gross domestic product at market prices
Income tax 38 10.1

derived from taxation for each year since 1979, in total and broken down between taxes on income and expenditure, national insurance and rates.

Mr. Norman Lamont

[pursuant to his reply, 29 January 1987]: Following is the information:

£ billion Percentage of gross domestic product at market prices
Non-North sea corporation tax 10 2.7
Capital taxes 3 0.7
Expenditure taxes (including stamp duties but excluding rates) 48 12.5
Local authority rates 15 4.1
North sea revenues 5 1.2
Other1 -1 -0.3
National insurance contributions— employees 13 3.4
National insurance contributions—employers 14 3.6
Total2 144 37.9

1 Adjustments for advance corporation tax set off against North sea corporation tax plus accruals adjustments.

2 Components do not sum to total because of rounding.

Dr. McDonald

asked the Chancellor of the Exchequer if, in the manner of his reply of 20 January 1986, Official Report, c. 84, he will publish and update the table showing the real changes in revenue sources between 1978–79 and 1986–87.

Mr. Norman Lamont

[pursuant to his reply, 29 January 1987]: Estimates based on the autumn statement forecast for 1986–87 are given in the table. The definitions used for non-North sea corporation tax and taxes on expenditure differ slightly from those used in the table in the Official Report of 20 January 1986, c. 83–84, but are consistent with the forecasts published in the 1986–87 Financial Statement and Budget Report, table 1.2

£ billion3
Income tax 1.2
Non-North sea corporation tax 2.9
Capital taxes 1.1
Expenditure taxes (including stamp duties but excluding rates) 16.5
Local authority rates 4.3
North sea revenues 3.7
Other1 -1.2
National insurance surcharge -4.1
National insurance contributions—employees 4.9
National insurance contributions—employers 1.6
Total2 30.9
1 Adjustments for advance corporation tax set off against North sea corporation tax plus accruals adjustments.
2 Figures may not sum to total because of rounding.
3 1986–87 prices.

Back to