§ 25. Mr. GapesTo ask the Chancellor of the Exchequer what assessment he has made of the impact of VAT on domestic fuel on inflation; and if he will make a statement.
§ Sir John CopeThe extension of VAT to domestic fuel and power is estimated to add just under 0.4 per cent. to the retail prices index in 1994–95, and just over 0.4 per cent. further in 1995–96.