Vehicle Excise Duty

HC Deb 01 July 1976 vol 914 cc261-2W

Mr. Michael Marshall

asked the Chancellor of the Exchequer what was the total revenue raised from the £40 road fund tax during the latest year for which figures are available.

Mr. Denzil Davies

The yield from vehicle excise duty on cars in 1975–76 is estimated to have been about £540 million.