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Mr. Lawson
asked the Chancellor of the Exchequer what was total Government tax and royalty revenue from North Sea oil in every quarter since the beginning of 1975; what was the revenue from
| Year | Quarter ending | Royalties | Corporation tax* | Petroleum revenue tax | Total | ||
| £ million | £ million | £ million | £ million | ||||
| 1975–76 | … | 30th June | … | — | — | — | — |
| 30th September | … | 10 | — | — | 10 | ||
| 31st December | … | — | 5 | — | 5 | ||
| 31st March | … | 10 | — | — | 10 | ||
| 1976–77 | … | 30th June | … | — | — | — | — |
| 30th September | … | 20 | — | — | 20 | ||
| 31st December | … | — | 10 | — | 10 | ||
| 31st March | … | 55 | — | — | 55 | ||
| 1977–78 | … | 30th June | … | — | — | — | — |
| 30th September | … | 100 | — | — | 100 | ||
| 31st December | … | — | 10 | — | 10 | ||
| 31st March | … | 130 | — | — | 130 | ||
| 1978–79 | … | 30th June | … | — | — | — | — |
| 30th September | … | 145 | — | — | 145 | ||
| * Estimated proportion of corporation tax receipts attributed to North Sea oil and gas = Nil. | |||||||