Skip to main content

Government Income And Expenditure

Volume 892: debated on Thursday 22 May 1975

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Chancellor of the Exchequer if he will publish in the Official Report comparative tables of central Government income and expenditure for 1954–55, 1964–65 and 1974–75 showing the Government's interventions in the personal sector—including national insurance and all other main items contributing to the redistribution of income such as education and health—separately from the Government's income and expenditure belonging outside the personal sector.

I am not sure what the hon. Member has in mind, but the information readily available, which is for calendar years, is given in the table below. Figures are not yet available for 1974. The table shows identified elements of central Government expenditure directly affecting the personal sector and does not show expenditure on education and other services by local government, which is largely financed by central Government block grants. The full accounts of the central Government are given in tables 39 and 40 of "National Income and Expenditure 1963–1973."capital gains tax forgone from occupational pension funds by reason of occupational pensions funds not being subject to capital gains tax and (

c) the amount of tax forgone from the income from the investments of occupational pension funds by reason of this income not being taxable.

I regret that no later information is available than that given to my hon. Friend on 7th March 1975.—[Vol. 887, c. 527–8.]