§ Mr. Michael McNair-Wilsonasked the Chancellor of the Exchequer what is his estimate of the loss of revenue arising from permitting liquefield petroleum gas to remain untaxed; and what is the basis for his calculations of such figures.
§ Mr. HigginsNo precise estimate can be made. At the current rate of usage on roads the loss might be under £1 million. But in the absence of a tax this figure would have tended to increase rapidly.