Treasury written question – answered am ar 28 Ebrill 2009.
To ask the Chancellor of the Exchequer
(1) what proportion of gross domestic product composed housing sector receipts in each year since 1997;
(2) what estimate his Department has made of revenue in each category of housing sector receipt in each of the next three years;
(3) how much housing sector receipts were as a percentage of all taxation receipts in each year since 1997.
Box C3 in Budget 2009 provides details of housing and financial sector receipts as a percentage of GDP. Taxes such as capital gains tax and inheritance tax will reflect both housing and financial assets. Stamp duty will reflect shares, housing and commercial property.
Outturn data for stamp duty, capital gains tax and inheritance tax are available at:
http://www.hmrc.gov.uk/stats/tax_receipts/table1-2.pdf and
http://www.hmrc.gov.uk/stats/tax_receipts/1_2_v2_dec05.pdf
Table 2.9 in Budget 2009: the economy and public finances—supplementary material provides projections for stamp duty, inheritance tax and capital gains tax up to 2013-14. This is available at:
http://www.hm-treasury.gov.uk/d/Budget2009/bud09_econfinances_968.pdf
Total taxation receipts are available in Table C1 of the Public Finances Databank:
http://www.hm-treasury.gov.uk/d/public_finances_databank.xls
Yes2 people think so
No1 person thinks not
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