§ 45. Lord APSLEYasked the Financial Secretary to the Treasury the revenue derived from the oil tax in 1933–34, showing separately the receipts under the different descriptions of oil?
§ Mr. HORE-BELISHAAs the answer involves a table of figures, I will, with my Noble Friend's permission, circulate it in the OFFICIAL REPORT.
§ Following is the answer :
§ The approximate net revenue derived from the tax on oil during the year 1933–34 was as follows :
| Customs. | £ |
| Light Oils— | |
| Petroleum Spirt— | |
| Motor Spirit | 36,910,000 |
| Other Spirit | 596,000 |
| Coal Tar Products— | |
| Benzol | 5,000 |
| Naphtha | Negligible. |
| Toluol | Negligible. |
| Other Sorts | Negligible. |
| Turpentine | 153,000 |
| Heavy oils for mixing with light oils | Negligible. |
| Other light hydrocarbon oils | 1,000 |
| Light oil in composite articles | 4,000 |
| Total | £37,669,000 |
| Deduct estimated amount due to Isle of Man | 34,000 |
| Total Light | £37,635,000 |
| Heavy Oils— | £ |
| Lamp Oil | 674,000 |
| Lubricating Oil | 368,000 |
| Gas Oil | 297,000 |
| Fuel Oil | 844,000 |
| Other Heavy Oils | 18,000 |
| Heavy Oil in composite articles | 11,000 |
| Total Heavy | £2,212,000 |
| Total Customs | 39,847,000 |
| Total Excise (Heavy) | 588,000 |
§ It is not possible to allocate the Excise receipts to the various descriptions given above, as the form of return showing the stocks in hand on 25th April, 1933, required the total quantity only to be stated.
§ NOTE.—The Customs figures given above are provisional and subject to correction.