§ 18. Mr. Laneasked the Chancellor of the Exchequer what is his latest estimate of receipts in 1971–72 from the duties on fuel oil and on petrol, respectively.
§ Mr. Maurice Macmillan£145 million from fuel oil and £1,315 million from road fuel.
§ Mr. LaneWhen my right hon. Friend is ready to take the next step in his excellent programme of tax reduction, will he consider these two duties very high in his list of candidates for reduction, particularly because of their effect on the cost of living?
§ Mr. MacmillanI am sure that my right hon. Friend will note my hon. Friend's remarks.
§ Mr. SillarsWhen the right hon. Gentleman is considering tax reductions, will he think again about the imposition of a meat tax on cheap goods coming from New Zealand which will shortly have a detrimental effect on the cost of living?
§ Mr. MacmillanApart from the judgment on that supplementary question which came from behind me, it has very little to do with the question of fuel tax.