Speeches

Ivan Lewis – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Ivan Lewis on 2014-06-26.

To ask Mr Chancellor of the Exchequer, how much corporation tax was raised by HM Treasury in Northern Ireland in the last full financial year.

Mr David Gauke

The most recent available estimate of Corporation Tax receipts in respect of Northern Ireland relates to financial year 2012-13. This estimate was published by HM Revenue & Customs (HMRC) in ‘A Disaggregation of HMRC Tax Receipts between England, Wales, Scotland & Northern Ireland’. A link to the publication is provided below:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/285765/disagg-info.pdf

For 2012-13 the estimated portion of onshore UK Corporation Tax receipts relating to Northern Ireland was £476m. Estimates of offshore Corporation Tax receipts relating to Northern Ireland are available as produced by two methods: a geographic basis and a population based apportionment. The estimates for 2012-13 are nil and £137m respectively.