§ Mr. Jon. Owen JonesTo ask the Chancellor of the Exchequer if he will provide figures for corporation tax paid in each of the financial years since 1987–88 for(a) building societies, (b) friendly societies, (c) industrial and provident societies, (d) credit unions and (e) co-operative societies which are currently aggregated in "Inland Revenue Statistics"; and if he will take steps to provide this information in future editions of "Inland Revenue Statistics". [19452]
§ Sir George YoungFigures of mainstream corporation tax paid by industrial and provident societies, building societies, and co-operative societies published in "Inland Revenue Statistics", as shown, are based on a sample of cases and cannot reliably be broken down at the level of detail requested. However, it is estimated that building societies typically account for in excess of 99 per cent. of the tax shown.
Mainstream corporation tax paid by industrial and provident societies, building societies, co-operative societies £ million 1987–88 620 1988–89 820 1989–90 650 1990–91 600 1991–92 860 1992–93 690 1993–94 720 Source:
"Inland Revenue Statistics."