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Written question asked by Alex Norris (Labour) on Monday, 30 September 2019, in the House of Commons. It was due for an answer on Thursday, 3 October 2019 (named day). It was answered by Jesse Norman (Conservative) on Thursday, 3 October 2019 on behalf of the Treasury.


Fossil Fuels: VAT

Question

To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential effect on the environment of an increase in VAT on fossil fuels.

Answer

HM Treasury has no current plans to increase VAT on fossil fuels. All taxes are kept under review and decisions on tax and their impact are considered as part of the normal fiscal policy making process.

The Government takes its environmental responsibilities very seriously and has commitments to reduce greenhouse gas emissions under the Climate Change Act 2008, as well as the Paris Agreement, which was ratified in November 2016.


Secondary information

Type
Written question
Reference
292303
Session
2017-19
Transferred
Yes
Subjects
Fossil fuels Pollution control VAT
Link
View this Written question on www.parliament.uk