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Written question asked by Hugh Bayley (Labour), in the House of Commons. It was due for an answer on Thursday, 13 February 1997. It was answered by Phillip Oppenheim (Conservative) on Thursday, 13 February 1997 on behalf of the Treasury.


Treasury

Question
How much money has been collected by HM Customs and Excise since April 1992 as a result of the extension of VAT to domestic fuel. - Inc figs. (Failed OPQ)
Answer

Mr. Bayley: To ask the Chancellor of the Exchequer how much money has been collected by HM Customs and Excise since April 1992 as a result of the extension of VAT to domestic fuel. [14197] Mr. Oppenheim: Domestic fuel and power has been subject to VAT only since April 1994. The total revenue raised from VAT on domestic fuel and power since the 8 per cent. was introduced is estimated to be as follows: 1994-95: £850 million 1995-96: £1,100 million


Secondary information

Type
Written question
Reference
290 c313W; 14197
Session
1996-97
Question not reached
Yes
Subjects
Energy Prices VAT Tax yields
Contains statistics
Yes