§ The Earl of Selborneasked Her Majesty's Government:
What revenue they expect to raise in a full year by the reintroduction of vehicle excise duty on electric vehicles from 1st July 1995 at £35, and what is the anticipated cost of collection.
§ Viscount GoschenThe annual revenue from vehicle excise duty on electric vehicles will be approximately £840,000. The cost of collection will be £53,000— which represents no change from the cost of issuing exempt discs to these vehicles previously.