Written question asked by Simon Coombs (Conservative), in the House of Commons. It was due for an answer on Thursday, 16 January 1997. It was answered by Phillip Oppenheim (Conservative) on Thursday, 16 January 1997 on behalf of the Treasury.

Treasury

Question: What estimate he has made of the yield from airport passenger duty in the last two years; and what he expects the yield to be in 1997. (Failed OPQ) - Includes figures and correction to the forecast of insurance premium tax receipts in 1997-8.

Answer: Mr. Simon Coombs: To ask the Chancellor of the Exchequer what estimate he has made of the yield from airport passenger duty in the last two years; and what he expects the yield to be in 1997. [9535] Mr. Oppenheim: Receipts of air passenger duty were £343 million in 1995-96 and are expected to reach £0.4 billion in 1996-97. I expect the yield in 1997-98 to be £0.5 billion. This corrects the earlier estimate of £0.8 billion, published in the November 1996 "Financial Statement and Budget Report". I am also taking this opportunity to inform the House of a correction to the forecast of insurance premium tax receipts in 1997-98. I now expect the yield to be £1.1 billion, compared to £1.2 billion in the "Financial Statement and Budget Report".

Secondary information