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Written question asked by Tim Devlin (Conservative), in the House of Commons. It was due for an answer on Thursday, 18 July 1996. It was answered by David Heathcoat-Amory (Conservative) on Thursday, 18 July 1996 on behalf of the Treasury.


Treasury

Question
What estimate he has made of the cost to the Exchequer of reducing the duty on commercial diesel by £0.09 per litre. - Includes figures.
Answer

Mr. Devlin: To ask the Chancellor of the Exchequer what estimate he has made of the cost to the Exchequer of reducing the duty on commercial diesel by £0.09 per litre.[37981] Mr. Heathcoat-Amory: The last published "Tax Ready Reckoner and Tax Reliefs" by HM Treasury shows that reducing the duty rate on road diesel by 9p would cost around £1.5 billion in the first full year, measured against a non-indexed base.


Secondary information

Type
Written question
Reference
37981; 281 c603-4W
Session
1995-96
Subjects
Costs Excise duties Oil Diesel
Contains statistics
Yes