§ Mr. Fryasked the Chancellor of the Exchequer whether his Department has assessed the extent to which owners of petrol-engined boats and other craft will have to pay increased taxation when the tax on petrol is raised by 20p per gallon in order to compensate for abolition of vehicle taxation; and, if so, what is the estimated total increased revenue which will be obtained from this source.
§ Mr. Robert SheldonNo estimate has been made, but the additional revenue is likely to be small.
§ Mr. Fryasked the Chancellor of the Exchequer whether his Department has assessed the extent to which users of motor cycles would pay increased taxation if the tax on petrol should be raised by 20p per gallon in order to compensate for abolition of vehicle taxation; and, if so, what is the estimated total increased revenue which would be obtained from this source.
§ Mr. Robert SheldonIt has been estimated that there would be little change in tax revenue from this source.
§ Mr. Fryasked the Chancellor of the Exchequer whether his Department has assessed the extent to which owners of lawnmowers would have to pay increased taxation if the tax on petrol should be raised by 20p per gallon in order to compensate for abolition of vehicle taxation; and, if so, what is the estimated total increased revenue which will be obtained from this source.
§ Mr. Robert SheldonNo estimate has been made, but the additional revenue is likely to be small.
§ Mr. Fryasked the Chancellor of the Exchequer whether his Department has assessed the extent to which owners of petrol engined aircraft will have to pay increased taxation when the tax on petrol is raised by 20p per gallon in order to compensate for abolition of vehicle taxation; and, if so, what is the estimated total increased revenue which will be obtained from this source.
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§ Mr. Robert SheldonIt is estimated that the additional revenue would be about £2 million in a full year.