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Tax And National Insurance

Volume 302: debated on Wednesday 10 December 1997

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To ask the Chancellor of the Exchequer what is his latest estimate of the per cent. of GDP which will be accounted for by non-North Sea taxes and national insurance contributions in the financial year 2001–02; and if he will list the ratio for each year since 1975. [19931]

Figures for non-North Sea taxes and social security contributions as a percentage of non-North Sea GDP from 1970–71 to 1998–99 were given in table B9 of the Pre-Budget Report. Projection for later years are as follows:

  • 1999–2000: 37.7
  • 2000–2001: 38.1
  • 2001–2002: 38.5