asked the Minister for Finance if he will state how each pound of revenue will be collected under the following headings and subheadings: (a) taxes on income and capital: (1) taxes on personal incomes, (2) taxes paid by companies, (3) death duties; (b) taxes on spending: (1) tobacco, (2) drink, (3) petrol, oil and motor vehicle duties, (4) entertainments and betting, (5) other; and (c) non-tax revenue.
Written Answers. - Collection of Revenue.
For 1958-59 the estimated revenue receipt is £124.733 million. The apportionment of each pound of revenue over the headings specified in the Deputy's question is approximately as follows:—
£ |
s. |
d |
|
(a) Taxes on income and capital: |
|||
(1) taxes on personal income |
2 |
7 |
|
(2) taxes paid by companies |
1 |
11 |
|
(3) death duties |
5 |
||
(b) Taxes on spending: |
|||
(1) tobacco |
4 |
2 |
|
(2) drink† |
2 |
6 |
|
(3) petrol, oil and motor vehicles duties |
3 |
2 |
|
(4) entertainments and betting |
5 |
||
(5) other |
1 |
4 |
|
(c) Non-tax revenue |
3 |
6 |
|
£1 |
0 |
0 |
|
†"Drink" includes beer, spirits, wine and sider but excludes table waters.