§ Mr. JenkinTo ask the Chancellor of the Exchequer what is his latest forecast of the revenue from(a) VED, (b) fuel duties on petrol and derv and (c) the total of VED and fuel duties in (i) the current financial year and (ii) each of the subsequent two years. [46772]
§ Dawn Primarolo[holding answer 22 June 1998]The table gives the figures requested. The forecasts are consistent with the figures for total tax receipts published in the Economic and Fiscal Strategy Report.
Forecasts of receipts from vehicle excise duty and hydrocarbon oil products £ billion 1998–99 1999–2000 2000–01 Vehicle excise duty 4.6 4.7 4.8 Hydrocarbon oil products 21.4 23.3 25.6 Total 26.0 28.0 30.4