Below is the text of Mr Major’s written Parliamentary Answer on Indirect Taxation on 1st March 1989.
Mr. Grocott To ask the Chancellor of the Exchequer what proportion of central Government revenue was raised by indirect taxation in the latest year for which figures are available; and what information he has on the corresponding figures for the other member states of the European Economic Community.
Mr. Major The latest directly comparable OECD figures are for 1986. They show the percentage of total general Government taxes and social security contributions derived from indirect taxes.
Percentage of total taxes and social security contributions derived from indirect taxes
Country | 1986
Federal Republic of Germany 30
United Kingdom 43
Source: Economic Trends, January 1989.