asked the Minister for Finance if he will indicate in respect of each year from 1980 to 1984 inclusive: (a) the total amount of taxation and levies from all sources accruing to the revenue; (b) the amount raised under each category of taxation or levy in each year; and (c) if he will express each such amount and the total annual amount as a percentage of the gross national product each year.
Written Answers. - Taxation and Levies.
367.
The following tables set out the information requested by the Deputy.
Tax Revenue (£ million)
|
1980 |
1981 |
1982 |
1983 |
1984 |
|
|
£m |
£m |
£m |
£m |
£m |
|
|
Customs |
47.3 |
58.5 |
62.9 |
78.1 |
92.6 |
|
Excise |
850.9 |
1,060.4 |
1,131.8 |
1,182.0 |
1,241.6 |
|
Estate etc. Duties |
3.0 |
2.2 |
1.7 |
1.6 |
1.0 |
|
Residential Property Tax |
— |
— |
— |
1.0 |
1.1 |
|
Capital Taxes |
14.4 |
16.4 |
20.5 |
24.0 |
28.0 |
|
Stamp Duties |
48.0 |
67.4 |
85.9 |
103.9 |
112.2 |
|
Income Tax |
1,014.3 |
1,243.4 |
1,459.1 |
1,664.2 |
1,966.5 |
|
Income Levy |
— |
— |
— |
40.1 |
78.1 |
|
Corporation Tax |
139.8 |
200.0 |
231.8 |
215.0 |
209.7 |
|
Value-Added Tax |
471.6 |
619.9 |
946.1 |
1,192.6 |
1,361.6 |
|
Resource Tax |
0.3 |
0.6 |
— |
— |
— |
|
Agricultural Levies (EC) |
4.6 |
6.8 |
8.3 |
11.4 |
17.4 |
|
Motor Vehicle Duties |
25.5 |
38.9 |
70.8 |
93.7 |
110.8 |
|
Youth Employment Levy |
— |
— |
34.2 |
73.8 |
83.3 |
|
Total Tax Revenue |
2,619.7 |
3,314.5 |
4,053.1 |
4,681.4 |
5,303.9 |
Tax Revenue as a percentage of Gross National Product
|
1980 |
1981 |
1982 |
1983 |
1984 |
|
|
Customs |
0.5 |
0.6 |
0.5 |
0.6 |
0.6 |
|
Excise |
9.6 |
10.0 |
9.4 |
8.9 |
8.6 |
|
Estate etc. Duties |
neg |
neg |
neg |
neg |
neg |
|
Residential Property Tax |
— |
— |
— |
neg |
neg |
|
Capital Taxes |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
|
Stamp Duties |
0.5 |
0.6 |
0.7 |
0.8 |
0.8 |
|
Income Tax |
11.5 |
11.8 |
12.1 |
12.5 |
13.6 |
|
Income Levy |
— |
— |
— |
0.3 |
0.5 |
|
Corporation Tax |
1.6 |
1.9 |
1.9 |
1.6 |
1.4 |
|
Value-Added Tax |
5.3 |
5.9 |
7.8 |
9.0 |
9.4 |
|
Resource Tax |
neg |
neg |
— |
— |
— |
|
Agricultural Levies (EEC) |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Motor Vehicle Duties |
0.3 |
0.4 |
0.6 |
0.7 |
0.8 |
|
Youth Employment Levy |
— |
— |
0.3 |
0.6 |
0.6 |
|
Total Tax Revenue |
29.7 |
31.4 |
33.6 |
35.2 |
36.6 |
Notes: Because of roundings, sums may not add to the totals shown in the table above. A dash indicates that the tax concerned did not apply in that year; “neg” indicates that the percentage is a negligible amount.