Vehicle Excise Duty

HC Deb 20 November 1978 vol 958 cc477-8W

Mr. Lawson

asked the Chancellor of the Exchequer if he will publish a table showing the total yield of vehicle excise duty payable by individual owners of private cars, by corporate owners of private cars, and by owners of other motor vehicles, respectively.

Mr. Robert Sheldon

The estimated 1978–79 yield of vehicle excise duty from private cars is £740 million and from other vehicles £337 million. I estimate that about 10 per cent. to 15 per cent. of private cars are owned by businesses.