Corporation Tax (Hansard, 24 January 1990)

HC Deb 24 January 1990 vol 165 c684W 684W

§ Mr. Allen
To ask the Chancellor of the Exchequer if he will publish the amount of corporation tax paid by manufacturing industry in each financial year since 1978–79 and the proportion of the total corporation tax precept comprised by manufacturing in each of those years.

§ Mr. Lilley
Information on a comparable basis is available only from 1986–87 and is as follows:

Net receipts of corporation tax¹ from manufacturing industries

Year Amount £ billion As proportion of total onshore CT receipts (net)2 Per cent.

1986–87 3.6 29.7

1987–88 4.5 29.7

1988–89 5.9 32.9

¹ Including advance corporation tax and net of repayments.

² Excludes north sea MCT receipts.

	Net receipts of corporation tax¹ from manufacturing industries
Year	Amount £ billion	As proportion of total onshore CT receipts (net)2 Per cent.
1986–87	3.6	29.7
1987–88	4.5	29.7
1988–89	5.9	32.9
¹ Including advance corporation tax and net of repayments.
² Excludes north sea MCT receipts.