§ Mr. Shinwellasked the Financial Secretary to the Treasury what would be the estimated loss to the revenue if the total annual consumption of motor spirit at home was met from United Kingdom sources?
§ Lieut.-Colonel ColvilleIf the whole of the annual home consumption of motor spirit were met from United Kingdom sources the loss of revenue would, as the law stands, be the amount which is collected on motor spirit imported or produced in this country from imported oils. I am giving the hon. Member figures of duty so collected during each of the last three financial years in reply to another question.
§ Mr. Shinwellasked the Financial Secretary to the Treasury the total amount of revenue obtained by the Exchequer on imported motor spirit in each of the last three years?
§ Lieut.-Colonel ColvilleThe official accounts do not distinguish between motor spirit imported as such and motor spirit produced by refining imported oils in this country, but the aggregate revenue collected in each of the last three financial years in respect of light hydrocarbon oils declared as motor spirit was as follows:
411W
Year ended 31st March. £ 1935 … … 38,912,000 1936 … … 40,676,000 1937 … … 42,558,000