§ Mr. RookerTo ask the Chancellor of the Exchequer what is the estimated yield from all sources of taxation including excise and other duties for 1988–89; what was the comparable yield for 1978–79 revalued at 1988–89 prices; and if he will publish a breakdown by categories of the real increase in taxes between 1978–79 and 1988–89 in the form of his answer of 1 May 1987,Official Report, column 295.
§ Mr. Norman Lamont[holding answer 17 March 1988]: The estimated total yield from all sources of taxation including local authority rates and national insurance contributions is £173 billion in 1988–89; the yield in 1978–79 revalued at 1988–89 prices using the GDP deflator is £125 billion. The other information requested is in the table.
98W
Income Tax Defence1 expenditure Number of3 taxpayers Expenditure per taxpayer United Kingdom4 population Expenditure per head of population £ million million £ 000s £ 1978–79 7,486 25.9 289 56,178 133 1979–80 9,216 25.9 356 56,240 164 1980–81 11,190 25.2 444 56,330 199
£ billion 1988–89 prices change on 1978–79 Income tax +1.1 Non-North Sea corporation tax1 +9.2 Capital Taxes +2.9 Employee's NICs +6.1 Employers' NICs +3.6 NIS -4.5 LA rates +6.6 Stamp duties +1.0 Taxes on expenditure, excluding LA rates, NIS and stamp duties +20.0 North Sea revenues2 +2.4 Other3 -1.1 Total change in taxes, royalties and national insurance contributions +47.5 1 Including mainstream and advance corporation tax. 2 Before advance corporation tax (ACT) set-off. 3 Adjustments for ACT set-off against North Sea corporation tax plus accruals adjustment.
§ Mr. RookerTo ask the Chancellor of the Exchequer if he will publish in theOfficial Report a table showing (a) the yield in real terms in the years 1978–79 and (b) the estimated yield for 1988–89 in the light of his Budget proposals from (i) direct taxes including national insurance and (ii) indirect taxes.
§ Mr. Norman Lamont[holding answer 17 March 1988]: Following is the information:
£ billion 1988–89 prices1 1978–79 1988–89 Change (a.) Direct taxes of which income tax 60.9 (40.9) 81.6 (42.1) +20.7 (+1.1) (b.) Indirect taxes 64.4 91.2 +26.8 (c.) Total taxes, royalties and national insurance and other contributions2 125.3 172.8 +47.5 1 Revalued using the GDP deflator. 2 Components do not add to total because of rounding.