|
|
Breakdown
of
|
Tax
Take 96-97 |
Tax
Tax 2004-05 |
96-97
Tax Take in today's prices |
New Labour Stealth Tax Grab £ billion |
|
| 1 | Income Tax | 69.1 | 123.7 | 83.61 | 40.09
|
| 2 | NICs | 47.4 | 77.7 | 57.35 | 20.35
|
| 3 | VAT | 46.7 | 73.5 | 56.51 | 16.99
|
| 4 | Council Tax | 10.1 | 19.7 | 12.22 | 7.48
|
| 5 | Fuel Duties | 16.9 | 23.6 | 20.45 | 3.15
|
| 6 | Other Taxes and Royalties | 7.8 | 11.3 | 9.44 | 1.86
|
| 7 | Inheritance Tax | 1.6 | 2.9 | 1.94 | 0.96
|
| 8 | Climate Change Levy | 0 | 0.8 | 0.00 | 0.80
|
| 9 | Capital Gains Tax | 1.1 | 2 | 1.33 | 0.67
|
| 10 | Landfill tax | 0.1 | 0.7 | 0.12 | 0.58
|
| 11 | Wine Duties | 1.3 | 2.1 | 1.57 | 0.53
|
| 12 | Spirits Duties | 1.6 | 2.4 | 1.94 | 0.46
|
| 13 | Air Passenger Duty | 0.4 | 0.9 | 0.48 | 0.42
|
| 14 | Business Rates | 15.5 | 19 | 18.76 | 0.25
|
| 15 | Vehicle Excise Duties | 4.2 | 5 | 5.08 | -0.08
|
| 16 | Beer and Cidar Duties | 2.8 | 3.3 | 3.39 | -0.09
|
| 17 | Betting and Gameing Duties | 1.4 | 1.4 | 1.69 | -0.29
|
| 18 | Customes Duties and Levies | 2.3 | 2.1 | 2.78 | -0.68
|
| 19 | Petrolium Revenue tax | 1.8 | 1.5 | 2.18 | -0.68
|
| 20 | Corporation Tax | 27.8 | 32.9 | 33.64 | -0.74
|
| 21 | Oil Royalties | 0.7 | 0 | 0.85 | -0.85
|
| 22 | Tobacco Duties | 8 | 8.1 | 9.68 | -1.58
|
| Totals £ billion | 271 | 425 | 328 | 96.5 |
|
| Source: New Labour Scandals /HM Treasury | Ratio 1:1.21 |