Mr. Gresham Cookeasked the Chancellor of the Exchequer if he will give for the years 1937 and 1964, respectively, taxation rates leviable in respect of diesel fuel and petrol used in road vehicles; and what rates would be necessary to express 1937 rates at 1966 value.
§ Mr. MacDermotThe rate was 8d. a gallon in 1937. It was increased from 2s. 9d. a gallon to 3s. 3d. a gallon on 11th November 1964. The equivalent of the 1937 rate in 1966 values would be about 2s. 3½d.