§ Mr. Beaumont-Darkasked the Chancellor of the Exchequer if he will publish estimates for petrol and derv for appropriate dates immediately after each Budget or occasional duty or tax change since 1950, of (a) post-Budget price per gallon, in prices of the day and at current prices (b) the post-Budget duty in prices of the day, at January 1981 prices and as a percentage of the total price, (c) the post-Budget total tax per gallon in prices of the day, at current prices and as a percentage of the total price and (d) an estimate of the value of the retail price index on each appropriate date.
§ Mr. Peter Rees[pursuant to his reply, 18 March 1981, c. 100.]: The information is as follows:
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Date of Budget, tax or duty change Post-Budget RPI January 1974= 100 Typical Post-Budget price at current prices # ║ Typical Post-Budget price at January 1981 prices # Post-Budget duty at current prices # Post-Budget duty at January 1981 prices # Post-Budget duty as per cent, of price Post-Budget total tax at current prices #¶ Post-Budget total tax at January 1981 prices # ¶ Post-Budget total tax as per cent, of price ¶ 1958 15 April 48.5 23.3 133 12.5 71 54 12.5 71 54 1959 7 April 48.6 23.5 134 12.5 71 53 12.5 71 53 1960 4 April 48.9 23.5 133 12.5 71 53 12.5 71 53 1961 17 April 50.3 23.5 130 12.5 69 53 12.5 69 53 26 July* 51.3 24.4 132 13.75 74 56 13.75 74 56 1962 9 April 53.1 24.4 127 13.75 72 56 13.75 72 56 1963 3 April 54.2 23.8 122 13.75 70 58 13.75 70 58 1964 14 April 55.8 23.8 118 13.75 68 58 13.75 68 58 11 November* 56.7 26.5 130 16.25 79 61 16.25 79 61 1965 6 April 58.4 25.8 123 16.25 77 63 16.25 77 63 1966 3 May 60.9 26.0 118 16.25 74 63 16.25 74 63 21 July* 61.2 27.9 126 17.92 81 64 17.92 81 64 1967.11 April 62.3 26.9 120 17.92 80 67 17.92 80 67 1968 19 March* 65.1 29.4 125 19.58 83 67 19.58 83 67 22 November* 66.9 31.4 130 21.54 89 69 21.54 89 69 1969 15 April* 68.7 32.3 130 22.5 91 70 22.5 91 70 1970 14 April 72.5 32.7 125 22.5 86 69 22.5 86 69 1971 30 March 79.4 34.5 120 22.5 79 65 22.5 79 65 1972 21 March 84.4 35.0 115 22.5 74 64 22.5 74 64 1973 6 March 90.4 36.5 112 22.5 69 62 22.5 69 62 1974 1 April‡ 106.1 55.0 144 22.5 59 41 27.5 72 50 29 July† 109.8 54.0 136 22.5 57 42 26.5 67 49 18 November† 116.9 62.5 148 22.5 53 36 35.0 83 56 18 December** 119.9 72.5 168 22.5 52 31 37.0 86 51 1975 15 April 134.5 72.5 149 22.5 46 31 37.0 76 51 1976 9/12 April*† 153.5 77.0 139 30.0 54 39 38.6 70 50 1977 29 March* 180.3 89.5 138 35.0 54 39 44.9 69 50 8 August* 184.7 78.0 117 30.0 45 38 38.7 58 50 1978 11 April 194.6 80.0 114 30.0 43 38 38.9 55 49 1979 12/18 June*† 229.1 110.0 133 36.82 45 33 51.2 62 47 1980.26 March* 260.8 132.0 140 45.46 48 34 62.8 67 48 1981 10 March* n.a. 152.0 n.a. 62.83 n.a. 41 82.66 n.a. 54 * Duty change. † Change in VAT rate. ‡ VAT introduced 1 April 1974. ** Abolition of temporary price control. # Pence per gallon. ║ Estimated price of petrol is approximate particularly in the earlier years. ¶ Prior to the introduction of VAT the total tax is equal to the duty. For business users who can reclaim VAT as input tax comparisons based on total tax are not applicable. 234W235W
DERV Date of Budget, tax or duty change Post-Budget RPI January 1974 = 100 Typical Post-Budget price per gallon # ║ Post-Budget price per gallon in January 1981 prices Post-Budget duty # Post-Budget duty in January 1981 prices Duty as per cent. of total price Post-Budget total tax ¶ Post-Budget tax in January 1981 prices ¶ Total tax as per cent, of total price ¶ 1950 18 April* 33.0 13.2 111 7.5 63 57 7.5 63 57 1951 10 April* 35.0 15.8 125 9.375 74 59 9.375 74 59 1952 11 March* 39.2 19.6 139 12.5 88 64 12.5 88 64 1953 14 April 40.6 19.4 132 12.5 85 64 12.5 85 64 1954 6 April 41.0 19.9 135 12.5 85 63 12.5 85 63 1955 19 April 42.4 20.3 133 12.5 82 62 12.5 82 62 1956 17 April 45.5 20.5 125 12.5 76 61 12.5 76 61 4 December* 45.9 27.6 167 17.5 106 63 17.5 106 63 1957 9 April* 46.4 23.1 138 12.5 75 54 12.5 75 54 1958 15 —april 48.5 21.6 123 12.5 71 58 12.5 71 58 1959 7 April 48.6 22.2 127 12.5 71 56 12.5 71 56 1960 4 April 48.9 22.0 125 12.5 71 57 12.5 71 57 1961 17 April 50.4 22.0 121 12.5 69 57 12.5 69 57 26 July* 51.3 23.2 125 13.75 74 59 13.75 74 59 1962 9 April 53.1 23.2 121 13.75 72 59 13.75 72 59 1963 3 April 54.2 20.9 107 13.75 70 66 13.75 70 66 1964 14 April 55.8 20.9 104 13.75 68 66 13.75 68 66 11 November* 56.7 25.7 130 16.25 79 63 16.25 79 63 1965 6 April 58.4 25.7 122 16.25 77 63 16.25 77 63
Date of Budget, tax or duty change Post-Budget RPI January 1974 = 100 Typical Post-Budget price per gallon # ║ Post-Budget price per gallon in January 1981 prices Past-Budget duty # Post-Budget duty in January 1981 prices Duty as per cent of total price Post-Budget total tax ¶ Post-Budget tax in January 1981 prices ¶ Total lax as per cent, of total price ¶ 1966 3 May 60.9 25.7 117 16.25 74 63 16.25 74 63 21 July* 61.2 27.5 125 17.92 81 65 17.92 81 65 1967 11 April 62.3 27.4 122 17.92 80 65 17.92 80 65 1968 19 March* 65.1 28.2 120 19.58 83 69 19.58 83 69 22 November* 66.9 31.9 132 21.54 89 68 21.54 89 68 1969 15 April* 68.7 32.6 132 22.5 91 69 22.5 91 69 1970 14 April 72.5 32.0 122 22.5 86 70 22.5 86 70 1971 30 March 79.4 34.0 119 22.5 79 66 22.5 79 66 1972 21 March 84.4 34.5 113 22.5 74 65 22.5 74 65 1973 6 March 90.4 37.0 114 22.5 69 61 22.5 69 61 1974 1 April‡ 106.1 54.5 142 22.5 59 41 27.45 72 50 29 July† 109.8 53.5 135 22.5 57 42 26.46 67 49 18 December** 119.9 55.0 127 22.5 52 41 26.57 61 48 1975 15 April 134.5 54.0 111 22.5 46 42 26.50 55 49 1976 9 April* 153.5 67.5 122 30.0 54 44 35.00 63 52 1977 29 March* 180.3 83.5 128 35.0 54 42 41.19 63 49 1978 11 April 194.6 84.1 120 35.0 50 42 41.23 59 49 1979 12/18 June*† 229.1 116.5 141 41.82 51 36 57.02 69 49 1980 26 March* 260.8 134.9 143 45.46 48 34 63.05 67 47 1981 10 March* n.a. 161.5 n.a. 62.83 n.a. 39 83.90 n.a. 52 * Duty change. † Change in VAT rate. ‡ VAT introduced 1 April 1974. ** Abolition of temporary price control. # Pence per gallon. ║ Estimated price of DERV is approximate particularly in the earlier years. ¶ Prior to the introduction of VAT the total tax is equal to the duty. Since most users of DERV can reclaim VAT as input tax comparisons based on total tax are not applicable. The RPI figure for March will not be available until the middle of April.