Income tax receipts in 1977
The Minister reported 1977 financial-year receipts of £445.1 million from PAYE and £77.9 million under other heads, including about £7 million from farming profits; 1977–78 estimates were £460 million, £85 million and £14 million respectively.
asked the Minister for Finance the receipts from income tax (a) under PAYE (b) on farming profits, and (c) on other income in 1977.
Comment on this
The net receipt from income tax under PAYE in the financial year 1977 was £445.1 million. The net receipt under other heads was £77.9 million of which an approximate apportionment of £7 million is attributable to farming profits. The corresponding estimates for the income tax year 1977-78 are £460 million, £85 million and £14 million respectively.