HC Deb 16 January 1997 vol 288 c380W
20. Mr. Simon Coombs

To ask the Chancellor of the Exchequer what estimate he has made of the yield from airport passenger duty in the last two years; and what he expects the yield to be in 1997. [9535]

Mr. Oppenheim

Receipts of air passenger duty were £343 million in 1995–96 and are expected to reach £0.4 billion in 1996–97. I expect the yield in 1997–98 to be £0.5 billion. This corrects the earlier estimate of £0.8 billion, published in the November 1996 "Financial Statement and Budget Report".

I am also taking this opportunity to inform the House of a correction to the forecast of insurance premium tax receipts in 1997–98. I now expect the yield to be £1.1 billion, compared to £1.2 billion in the "Financial Statement and Budget Report".