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5 May 1995 : Column WA129

Written Answers

Friday, 5th May 1995.

Tourism: Receipts

The Earl of Bradford asked Her Majesty's Government:

    What the overall percentage increase in visitors' spending in Britain has been during the last 10 years; how this compares with our major competitors; and whether Britain's position in the world tourism league has changed over the same period.

5 May 1995 : Column WA130

The Parliamentary Under-Secretary of State, Department of National Heritage (Viscount Astor): Spending by overseas residents while visiting the UK increased by 114 per cent. between 1984 and 1994.

The latest detailed international comparisons available are those for 1980 and for 1992 published by the World Tourism Organisation last year. The position for the UK and other countries in the top 10 for international tourism receipts is shown in the following table. The UK was ranked fifth in 1980 and sixth in 1992. The UK's growth rate was lower than all other countries in the top 10 apart from Germany.

Figures like these, and the associated loss of market share, indicate the clear challenge facing tourism in Britain and why we attach such importance to the programme of action set out in Tourism: Competing with the best.

5 May 1995 : Column WA129

International tourism receipts

US $ billion
Rank 1992 1980 1992 Percentage increase
1. United States 10.1 53.9 +434
2. France 8.2 25.0 205
3. Spain 7.0 22.2 217
4. Italy 8.2 21.6 163
5. Austria 6.4 14.8 131
6. UNITED KINGDOM 6.9 13.7 99
7. Germany 6.6 11.0 67
8. Switzerland 3.1 7.6 145
9. Hong Kong 1.3 6.0 362
10. Mexico 5.4 6.0 (1)—

Source:

WTO Yearbook of Tourism Statistics, 46th Edition, 1994

(1)Data for 1980 not comparable with 1992 due to change of series.


5 May 1995 : Column WA129

Lloyd's Tax Revenue and Repayments

Lord Marlesford asked Her Majesty's Government:

    Whether they will give in 1995 prices the net tax paid by or repaid to underwriting members of Lloyd's during each of the 13 tax years from 1982–83 to 1994–95.

The Parliamentary Under-Secretary of State, Ministry of Defence (Lord Henley): The following table shows, on a constant price basis, (a) the total tax charged on initial assessments, including estimated assessments, made during each tax year on underwriting profits and gains and (b) the total of income tax and capital gains tax repaid to Lloyd's underwriters by the underwriters unit of Inland Revenue in each tax year, including any repayment supplement attracted by the tax refunded.

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The amounts have been converted to a constant price basis using the price index of gross domestic product at market prices. The reference period used is the October to December quarter of 1994, the latest period for which the index has been estimated.

£ million

Tax year Tax assessed at 1994 Q4 prices Tax repaid at 1994 Q4 prices
1982–83 170.9 43.1
1983–84 249.1 145.2
1984–85 247.9 140.6
1985–86 279.7 94.9
1986–87 302.9 238.0
1987–88 215.1 219.5
1988–89 208.0 208.5
1989–90 382.3 146.3
1990–91 265.7 106.0
1991–92 111.6 138.9
1992–93 10.9 407.6
1993–94 3.8 489.9
1994–95 8.9 376.7

5 May 1995 : Column WA129



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