Mr Major’s Written Parliamentary Answer on Tax Yield – 23 January 1989

Below is the text of Mr Major’s written Parliamentary Answer on Tax Yield on 23rd January 1989.

Mr. Rooker To ask the Chancellor of the Exchequer what is the expected yield of total taxes in 1988–89; and what were the comparable figures for 1978–79, using 1988–89 prices.

Mr. Major Total taxes on income, expenditure and capital in 1988–89 are expected to yield £143.8 billion, as published in the autumn statement. The comparable figure for 1978–79 is £105.4 billion at 1988–89 prices.