Aviation Security Levy

HC Deb 20 June 1979 vol 968 cc592-3W

Mr. Shersby

asked the Secretary of State for Trade whether he will give an indication of the rate of aviation security levy for 1980–81.

Mr. Tebbit

Present indications are that the levy rate for 1980–81 will be about £1.10. The rate will be fixed towards the end of the year when draft regulations are laid before Parliament. Full figures for the first year are not yet available, but it is estimated that a surplus will be carried forward from 1978–79, when the levy was 80p, and a deficit from the current year, for which the levy is 85p. The levy rates which would have precisely covered the expenditure in each year are estimated to be 76p and 93p respectively, an increase of 22 per cent. between 1978–79 and 1979–80.