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Corporation Tax

Volume 931: debated on Friday 6 May 1977

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asked the Chancellor of the Exchequer what percentage of total revenue corporation tax has formed in each of the past eight years.

Corporation tax has formed the following percentage of total central Government revenue from taxation in the past eight financial years:

Financial YearPer cent.
1969–7011·4
1970–7110·4
1971–729·6
1972–739·3
1973–74130
1974–7512·9
1975–767·1
1976–77*8·2
* Provisional
Source: Annual Abstract of Statistics; FSBR.