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Written question asked by Barry Legg (Conservative), in the House of Commons. It was due for an answer on Thursday, 13 February 1997. It was answered by Angela Knight (Conservative) on Thursday, 13 February 1997 on behalf of the Treasury.


Treasury

Question
If he will comment on the impact on the United Kingdom economy of the level of taxation in the United Kingdom relative to that in other major EU countries. (Failed OPQ)
Answer

Mr. Legg: To ask the Chancellor of the Exchequer if he will make a statement on the impact on the United Kingdom economy of the level of taxation in the United Kingdom relative to that in other major EU countries. [14191] Mrs. Angela Knight: The overall burden of taxation on the economy in the United Kingdom was 35.75 per cent. of GDP in 1995-96. This represents one of the very lowest levels in Europe and is below that of France, Germany and Italy. The Government are committed to low taxation and a tax system that raises revenue in ways that do least damage to the economy and encourage enterprise.


Secondary information

Type
Written question
Reference
290 c312W; 14191
Session
1996-97
Question not reached
Yes
Subjects
Taxation
Contains statistics
Yes