HC Deb 09 November 1978 vol 957 c320W
Mr. Skeet

asked the Chancellor of the Exchequer what is the current yield of tax on fuel oil; and what he estimates to be the advantage of the tax in market terms to the coal industry expressed in £ per ton of coal.

Mr. Eadie

I have been asked to reply.

In 1977–78 total revenue obtained from tax on fuel oil was £151.5 million. This is equivalent to a margin of approximately £325 per tonne of steam coal equivalent.

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