§ Mr. Matthew TaylorTo ask the Chancellor of the Exchequer if he will list the average daily arrears of value added tax for each year since 1980(a) in absolute terms in (i) cash and (ii) current values and (b) as a proportion of tax liability.
§ Sir John CopeInformation for the years 1986 to 1993 is shown in the table:
Table of average daily arrears at 31 March Year Amount (absolute) £ million Current values £ million Percentage of payment liability 1986 1,351.6 1,973.3 6.5 1987 1,218.6 1,706.0 5.4 1988 1,060.3 1,442.0 4.2 1989 1,085.2 1,367.4 3.8 1990 1,168.7 1,355.7 3.6 1991 1,623.5 1,753.4 4.3 1992 1,927.8 1,985.6 4.4 1993 1,993.9 2,013.8 4.4 31 December 1993 1,897.2 1,897.2 3.7 Current values represent absolute amounts inflated in line with the retail prices index to prices current at March 1994.
This measure was introduced in the year 1985–86, and no reconstruction can be done for previous years.
§ Mr. Matthew TaylorTo ask the Chancellor of the Exchequer if he will list the amount of value added tax outstanding for each year since 1980(a) in absolute terms in (i) cash and (ii) current values and (b) as a proportion of tax liability.
§ Sir John CopeInformation for the years 1988 to 1993 is shown in the table.
820W
Table of value added tax outstanding at 31 March (a) Amount (absolute) Current values (b) Percentage of payment liability Year £ million £ million Per cent. 1988 837.2 1,138.6 3.3 1989 884.2 1,114.1 3.1 1990 1,180.0 1,368.8 3.6 1991 1,466.6 1,583.9 3.8 1992 1,628.9 1,677.8 3.7 1993 1,572.6 1,588.3 3.5 Current values represent absolute amounts inflated in line with the retail prices index to prices current at March 1994.
Prior to the year ended 31 March 1988 information is not available in the form requested.
§ Mr. Matthew TaylorTo ask the Chancellor of the Exchequer if he will list the outstanding balance for collection of the value added tax default surcharge for each year since 1986(a) in absolute terms in (i) cash and (ii) current values and (b) as a proportion of surcharge liability.
§ Sir John CopeThe available information is shown in the table.
Table of default surcharge outstanding balances at 31 March Year (a) Amount (absolute) Current values million (b) Per cent. of default surcharge liability £ million £ million 1988 50.7 69.0 — 1989 61.7 77.7 — 1990 74.9 86.9 — 1991 102.7 110.9 — 1992 132.3 136.3 57 1993 116.3 117.5 59 Current values represent absolute amounts inflated in line with the retail prices index to prices current at March 1994.
No information is held on the surcharge outstanding for 1986 and 1987, or the surcharge liability for 1986–1991.
The absolute amount outstanding is a year-on-year cumulative total.
The percentage of default surcharge liability is based on the total surcharge assessment issued during that year.