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Proceeding contribution from Greg Knight (Conservative) in the House of Commons on Wednesday, 2 July 2008. It occurred during Debate on bill on Finance Bill.


Finance Bill

On the issue of fairness, has my hon. Friend seen the report by Professor David Newbery of Cambridge university, which I believe succeeds the report from Environmental Audit Committee that has just been mentioned? In it, he concludes that if motorists were to pay a full contribution towards the effect that their vehicles had on the environment, they would be paying fuel tax at a rate of 20p a litre. Is my hon. Friend aware that fuel tax is currently 60p a litre? Motorists are therefore already paying far more than their fair share towards the environment, without having to pay these increases in vehicle excise duty, which are clearly not a green tax but a stealth tax.


Secondary information

Type
Proceeding contribution
Reference
478 c906-7 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Accountancy Capital gains tax Business Corporation tax Competition Budgets Income tax Insurance companies Excise duties Fuels Double taxation Domicil Economic situation Motor vehicles Parliamentary scrutiny Public participation Prices Small businesses Tax allowances Taxation VAT Shareholders Revenue and Customs Carbon emissions
Legislation
Finance Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk