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Corporation Tax And Income Tax

Volume 720: debated on Tuesday 16 November 1965

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asked the Chancellor of the Exchequer what is the estimated yield of Corporation Tax at 35 per cent., 36 per cent., 37 per cent., 38 per cent., 39 per cent., and 40 per cent. and the estimated yield of Income Tax at the

UNITED KINGDOM OVERSEAS MILITARY EXPENDITURE INCLUDING DEFENCE AID* 1959–1964
19591960196119621963£ million 1964
Non-Sterling Countries
North America3366215†
Federal Republic of Germany27‡47‡60687785
Other Europe161713161715
Other Countries668677
52738796103122
Overseas Sterling Countries
Mediterranean424645454642
Middle East (including East Africa)172433353538
Far East (excluding Hong Kong)444652526477
Hong Kong88109910
Australia712812108
Other Countries344618
121140152159165183
Total173213239255268305
* Expenditure in the invisibles account of the U.K. balance of payments. Defence aid includes gifts of military equipment and services provided free of charge.
† Includes £9 million in respect of logistic support of Commonwealth Forces during the war in Korea.
‡ In 1959 and 1960 the Federal Republic of Germany made direct financial contributions to the support of the B.A.O.R. (£24 million and £12 million respectively).