Tax Yields: Savings

Treasury written question – answered on 24th November 2010.

Alert me about debates like this

Photo of David Laws David Laws Liberal Democrat, Yeovil

To ask the Chancellor of the Exchequer what estimate he has made of the revenue attributable to tax on savings income in each year from 1990 to 2010; and if he will make a statement.

Photo of Mark Hoban Mark Hoban The Financial Secretary to the Treasury

Figures for the revenue arising from the taxation of savings income from 1997-98 to 20010-11 are shown in the following table. Figures for the years before 1997 are not available.

Income tax from savings (£ million)
1997-98 4,140
1998-99 5,490
1999-2000 4,230
2000-01 3,480
2001-02 3,420
2002-03 2,770
2003-04 2,780
2004-05 3,760
2005-06 4,640
2006-07 5,120
2007-08 7,080
2008-09 5,360
2009-10 1,660
2010-11 1,850

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.