§ Mr. Malcolm BruceTo ask the Chancellor of the Exchequer what is his estimate of the cumulative revenue yield for(a) 1997–98, (b) 1998–99, (c) 1999–2000, (d) 2000–1 and (e) 2001–2 resulting from announced changes to direct and indirect taxation in these years; and if he will make a statement. [13281]
§ Dawn Primarolo[holding answer 6 November 1997]: The forecast cumulative revenue yield for 1997–98, 1998–99 and 1999–2000 for the changes announced in the July 1997 Budget are shown in table 2.2 of the Financial Statement and Budget Report (HC85). Tables 2B.1 and 2B.2 of the same document show the revenue effects of measures announced since the 1996 Budget for these years and of measures announced in 1996 Budget or earlier which take effect after the 1997 Budget. Estimates are not available beyond 1999–2000.
§ Mr. Malcolm BruceTo ask the Chancellor of the Exchequer what is his estimate of the cumulative revenue yield for(a) 1992–93, (b) 1993–94. (c) 1994–95, (d) 1995–96 and (e) 1996–97 from the changes in direct and indirect taxation announced in the budgets over the period from 1992 to 1996; and if he will make a statement. [13282]
§ Dawn Primarolo[holding answer 6 November 1997]: For each budget the forecast cumulative revenue yield of changes for 1992–93 to 1996–97 are given in the Financial Statement and Budget Reports (March 1992 tables 4.1, 4A.1 (covering 1992–93 and 1993–94), March 1993 tables 4.1, 4B.1, (1993–94 to 1995–96), November 1993 tables 4.1 annex B to chapter 4 first table (1994–95 to 1996–97), November 1994 tables 5.1, 5B.1 (1995–96 to 1997–98), November 1995 tables 5.1, 5B.1, November 1996 Annex A to chapter 6 first table). The outturn revenue yield of the announced budget changes to taxation are not available. However over the period 1992–93 to 1996–97 tax as a share of GDP rose from 34½ per cent. to 36 per cent.