VAT (Fuel) (Hansard, 12 July 1994)

§ Mr. Flynn
To ask the Chancellor of the Exchequer how many pensioners receiving compensation for the cost of value added tax on fuel will pay income tax on that money.

§ Mr. Dorrell
[holding answer 24 June 1994]: Some 3.4 million pensioners, out of a total of 10 million, pay income tax.

§ Mr. Flynn
To ask the Chancellor of the Exchequer how much of the compensation for the cost of value added tax on fuel given to pensioners will return to the Treasury in the form of income tax.

§ Mr. Dorrell
[holding answer 24 June 1994]: The Inland Revenue estimates that in 1994–95, about £20 million of income tax will come from the increase in benefits to pensioners given in the value added tax compensation package.
568W

VAT and Income tax receipts

Year VAT (£ billion) Income tax (£ billion)

1979–80 8.2 20.6

1980–81 11.0 24.3

1981–82 11.9 28.7

1982–83 13.8 30.4

1983–84 15.2 31.1

1984–85 18.5 32.5

1985–86 19.3 35.4

1986–87 21.4 38.5

1987–88 24.1 41.4

1988–89 27.3 43.4

1989–90 29.5 48.8

1990–91 31.0 55.3

1991–92 35.6 57.5

1992–93 37.3 56.8

¹1993–94 39.2 58.4

¹Provisional outturn.

VAT and Income tax receipts
Year	VAT (£ billion)	Income tax (£ billion)
1979–80	8.2	20.6
1980–81	11.0	24.3
1981–82	11.9	28.7
1982–83	13.8	30.4
1983–84	15.2	31.1
1984–85	18.5	32.5
1985–86	19.3	35.4
1986–87	21.4	38.5
1987–88	24.1	41.4
1988–89	27.3	43.4
1989–90	29.5	48.8
1990–91	31.0	55.3
1991–92	35.6	57.5
1992–93	37.3	56.8
¹1993–94	39.2	58.4
¹Provisional outturn.