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79.
Mr. Freud
asked the Chancellor of the Exchequer what were his estimates of revenue from betting duty for each of the eight years to 1975; and what were the actual sums received for each of those years.
Mr. Denzil Davies
Following is the information:
| General Betting Duty: Budget Estimates and Revenue | ||
| Year | Estimate | (£ million) Revenue |
| 1967–68 | 30 | 30·2 |
| 1968–69 | 52 | 54·4 |
| 1969–70 | 54 | 59·0 |
| 1970–71 | 66·5 | 71·1 |
| 1971–72 | 76 | 79·6 |
| 1972–73 | 88 | 86·8 |
| 1973–74 | 97 | 97·2 |
| 1974–75 | 126 | 131·4 |
| Estimates are made only for financial years | ||