HC Deb 23 January 1967 vol 739 c193W
Mr. Stratton Mills

asked the Chancellor of the Exchequer what would be the cost of abolishing the tax on fuel for public transport.

Mr. Diamond

The cost of abolishing the tax on fuel for public road transport in the United Kingdom would be about £32 million a year in addition to the repayments in Great Britain under Section 92 of the Finance Act, 1965, and the Bus Fuel Grants Act, 1966, which amount to about £7 million a year.

Mr. Stratton Mills

asked the Chancellor of the Exchequer if he will give the annual duty and yield of the tax on fuel for public transport since 1955.

Mr. Diamond

The estimated yield of the tax on fuel for public road transport in the United Kingdom is as follows:

£ million
1955 27
1956 27
1957 28
1958 25
1959 25
1960 25
1961 27
1962 28
1963 29
1964 31*
1965 31*
1966 32*
* Excluding relief given under Section 92 of the Finance Act, 1965, and the Bus Fuel Grants Act, 1966.

Mr. Stratton Mills

asked the Chancellor of the Exchequer if he will reduce or abolish the tax on fuel for public transport.

Mr. Diamond

My right hon. Friend cannot anticipate his Budget Statement.