HC Deb 28 January 1994 vol 236 c455W
Mrs. Beckett

To ask the Chancellor of the Exchequer if he will give a full breakdown of the 35p weekly increase in tax for the average family which will result from the introduction of the insurance premium tax which he identified in his autumn Budget; and if he will outline the assumptions on which it was based.

Sir John Cope

The 35p figure can be broken down as follows:

Pence per week
Motor 20
Building 10
Contents 5
Total 35

These figures are based on the 1991 family expenditure survey, uprated to 1994–95. The figures cover expenditure by those households which have some insurance in each of the three main types of insurance.