Domestic Fuel Consumption

HC Deb 16 February 1994 vol 237 c787W

Mr. Clelland

To ask the Chancellor of the Exchequer what estimates he has made of the reductions in consumption of domestic fuel resulting from the imposition of value added tax.

Sir John Cope

It was estimated that over the next two years imposing VAT at the standard rate on domestic fuel and power would reduce consumption by around 3 per cent. overall.