HC Deb 09 November 1978 vol 957 c314W
Mr. Skeet

asked the Chancellor of the Exchequer what is his estimate of the yield of tax resulting from an increased tax on gasoline of 20p per gallon.

Mr. Robert Sheldon

In the absence of other changes, increasing the excise duty on petrol to raise the price, including value added tax, by 20p per gallon would yield about £825 million in a full year.