§ 39. Mr. Nichollsasked the Chancellor of the Exchequer what has been the effect on estimated tax yields for 1984–85 of fluctuations in the retail price of petrol and diesel.
§ Mr. HayhoeThe 1984–85 Budget forecast for revenue from hydrocarbon oil was achieved. Although short-term price fluctuation may affect the yields of value added tax and excise duties, these effects are generally small, and cannot be determined in isolation.