§ Lord Marlesfordasked Her Majesty's Government:
What proportion, as a percentage, of all central government revenue from taxation and excise duties is represented by
for each year since 1970.89WA
- (a) income tax;
- (b) value added tax;
- (c) capital gains tax;
- (d) inheritance tax; and
- (e) corporation tax
§ Lord Brabazon of TaraThe information requested is shown in the below.
Year Income tax VAT1 Capital Gains tax Inheritance tax Corporation tax 1970 37.6 — 1.8 2.6 11.4 1971 40.7 — 1.6 2.6 10.1 1972 40.5 — 1.8 3.1 9.2 1973 40.2 12.2 2.2 2.4 10.8 1974 43.7 12.5 2.3 1.7 13.0 1975 51.9 12.7 1.8 1.1 8.4 1976 53.0 12.4 1.3 1.1 6.8 1977 48.3 12.2 1.1 1.0 8.3 1978 46.3 12.9 1.0 0.9 8.9 1979 41.2 17.8 1.1 0.8 8.2 1980 40.3 19.7 1.1 0.7 7.9 1981 39.8 18.7 1.0 0.6 6.0 1982 39.2 18.7 1.2 0.6 6.8 1983 38.4 19.7 1.2 0.7 6.8 1984 37.3 20.7 1.2 0.7 7.7 1985 36.4 21.3 1.3 0.8 9.3 1986 36.4 22.6 1.7 0.9 11.8 1987 35.9 23.3 1.8 0.9 12.6 1988 35.3 24.0 2.4 0.9 13.5 1989 35.1 24.1 2.2 0.8 15.9 1990 35.3 22.5 1.8 0.8 13.7 1 VAT was introduced in 1973 to replace purchase tax.