Car Tax (Hansard, 27 February 1992)

HC Deb 27 February 1992 vol 204 c543W 543W

§ Mr. Nicholas Brown
To ask the Chancellor of the Exchequer what would be the cost to the revenue in(a) 1991–92 and (b) 1992–93, giving in each case the first and full year costs, of a one per cent. cut in car tax, in the United Kingdom.

§ Mrs. Gillian Shephard
The requested estimates are as shown. They use the autumn statement forecast and are consistent with the methodology used in table 4.8 in chapter 4 of the 1991 autumn statement.

Revenue effect of 1 per cent. cut in car tax (£ million)

1991–92 1992–93

First year -125 -130

Full year -140 -150

Revenue effect of 1 per cent. cut in car tax (£ million)
	1991–92	1992–93
First year	-125	-130
Full year	-140	-150