Taxation (Hansard, 5 November 1993)

HC Deb 05 November 1993 vol 231 cc560-1W 561W

§ Mr. Robert B. Jones
To ask the Chancellor of the Exchequer whether he will set out for each main source of taxation the percentage of the tax yield represented by collection and administrative costs.

§ Mr. Dorrell
Costs of collection and administration in 1992–93 as a percentage of tax yield are given in the table.

Per cent.

Income tax 2.42

Corporation tax 0.93

Capital gains tax 3£91

Petroleum revenue tax 2.14

Inheritance tax, capital transfer tax and estate duty 2.16

Stamp duties 0.50

VAT 0.87

Car tax 0.05

Customs duties and associated work 9.74

Excise duties 0.13

	Per cent.
Income tax	2.42
Corporation tax	0.93
Capital gains tax	3£91
Petroleum revenue tax	2.14
Inheritance tax, capital transfer tax and estate duty	2.16
Stamp duties	0.50
VAT	0.87
Car tax	0.05
Customs duties and associated work	9.74
Excise duties	0.13