asked the Minister for Finance if he will state for 1962-63 and 1963-64 respectively the estimate of revenue as adjusted by the Budget separately for each of the seven headings in Part II of the Estimates of Receipts and Expenditure, and the total thereof, and further for 1962-63, the amount by which the outturn exceeded or fell short of such estimate in each case.
Written Answers. - Estimate of Revenue.
22.
Following is the information:
Tax Revenue Receipts.
|
(1) |
(2) |
(3) |
|
|
Estimated receipts for 1963-64 as adjusted by the Budget, 1963 |
Estimated receipts for 1962-63 as adjusted by the Budget, 1962 |
Amounts by which the outturn for 1962-63 exceeded or fell short of the estimates in col. (2) |
|
|
£000s |
£000s |
£000s |
|
|
Customs |
48,360 |
47,750 (a) |
– 886 |
|
Excise |
36,890 |
37,025 |
–2,372 |
|
Estate, etc., Duties |
3,200 |
2,850 |
+650 |
|
Stamp Duties |
2,830 |
3,100 |
–42 |
|
Income Tax |
37,900 |
32,610 |
+1,332 |
|
Sur-tax and Super-tax |
2,150 |
1,750 |
+475 |
|
Corporation Profits Tax, etc |
7,800 |
4,040 |
+476 |
|
Totals |
139,130 |
129,125 |
–367 |
(a) Includes £600,000 being the estimated yield from the increase in the rate of duty on tobacco imposed as from 14th June, 1962.
NOTE: The figures in column (1) are exclusive of the Revenue Balances amounting to £2 million carried over from 1962-63.