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Tax: Revenues

Volume 495: debated on Tuesday 30 June 2009

To ask the Chancellor of the Exchequer what estimate he has made of the cost of public debt interest as a percentage of tax revenue in each of the next five years. (283227)

Projections for debt interest to 2010-11 are shown in Table C9 of the Budget 2009 document. Projections for current receipts to 2013-14 are shown in Table C4 of the same document.

Debt interest to 2010-11 has been forecast consistent with the economic assumptions and policy decisions set out in Budget 2009.