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Corporation Tax (Wales)

Volume 979: debated on Friday 29 February 1980

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asked the Chancellor of the Exchequer what was the amount of corporation tax collected from companies located in each county of Wales and in Wales as a whole for the last available year.

Corporation tax is assessed on a company at the address of its registered office, which may not be its head office or main place of business. The figures below do not therefore necessarily reflect tax yields on the income of all companies from operations either in Wales as a whole or in individual counties. On this basis corporation tax collected in counties in Wales in 1978–79 was:

CT (£ million)
Clwyd2·9
Dyfed1·7
Mid-Glam3·2
South Glam9·5
West Glam5·1
Gwent5·2
Gwynedd1·2
Wales 28·8
The figure for Clwyd may include a small amount of tax due from companies whose registered offices are not in Wales.