Skip to main content

Capital Inflows

Volume 164: debated on Monday 8 January 1990

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

To ask the Chancellor of the Exchequer if he will estimate the value of short-term capital inflows into the United Kingdom in the first three quarters of 1989.

The available information on transactions in the main categories of United Kingdom

Income tax, NICS and indirect tax payments at multiples of average earnings—1988–89
Multiples of average earnings
0·50·7511·5234571020
Single
Amounts, £ per week
Income tax19·5135·5351·5583·59129·33231·85334·37436·89641·93949·491,974·69
NICS11·5317·3023·0727·4527·4527·4527·4527·4527·4527·4527·45
VAT9·5212·8219·98
Other indirect15·1518·9627·22
Domestic rates7·689·3512·99
Total31·0485·18115·75171·23156·78259·30361·82464·34669·38976·942,002·14
Percentage of earnings
Income tax15·218·520·121·725·230·232·634·135·837·038·5
NICS9·09·09·07·15·43·62·72·11·51·10·5
VAT5·05·05·2
Other indirect7·97·47·1
Domestic rates4·03·63·4
Total24·244·445·144·630·633·735·336·237·338·139·1
Married, no children
Amounts, £ per week
Income tax12·3528·3744·3976·43117·87220·39322·91425·43630·47938·031,963·23
NICS11·5317·3023·0727·4527·4527·4527·4527·4527·4527·4527·45
VAT8·7312·3220·12
Other indirect16·8220·6328·89
Domestic rates7·528·7311·37
Total23·8878·74109·14164·26145·32247·84350·36452·88657·92965·481,990·68
Percentage of earnings
Income tax9·614·817·319·923·028·731·533·235·136·638·3
NICS909090715·43·62·72·11·51·10·5
VAT4·54·85·2
Other indirect8·8817·5
Domestic rates3·93·430
Total18·641042·642·728·332·234·235·336·737·738·8
Married, both working
Amounts, £ per week
Income tax015·8431·8663·997·8317319260·3336118566·22873·781,898·98
NICS7·9515·76210234·6045·9054·9054·9054·9054·9054·9054·90
VAT9·8713·8221·42
Other indirect19·5422·9929·65
Domestic rates9·299·921114
Total7·9570·3099·61160·71143·7322809315·234160862112928·68L953·88

external assets and liabilities in the first three quarters of 1989 was published on 14 December in the quarterly balance of payments press notice, CSO(89)143, a copy of which is in the Library. It is not considered meaningful to distinguish short-term capital flows.