VAT on Fuel

HC Deb 16 May 1995 vol 260 cc109-10W

Mr. Frank Field

To ask the Chancellor of the Exchequer if he will estimate the amount which will be raised from VAT on domestic fuel in 1995–96, 1996–97 and 1997–98 at its present rate of 8 per cent. [24366]

Mr. Heathcoat-Amory

The total revenue raised from the introduction of VAT on domestic fuel is estimated to be as follows:

Year	£ million
1995–96	1,230
1996–97	1,320
1997–98	1,325