§ 25. Mr. BayleyTo ask the Chancellor of the Exchequer how much money has been collected by HM Customs and Excise since April 1992 as a result of the extension of VAT to domestic fuel. [14197]
§ Mr. OppenheimDomestic fuel and power has been subject to VAT only since April 1994. The total revenue raised from VAT on domestic fuel and power since the 8 per cent. was introduced is estimated to be as follows:
- 1994–95: £850 million
- 1995–96: £1,100 million