VAT (Fuel) (Hansard, 1 July 1997)

HC Deb 01 July 1997 vol 297 cc109-10W 110W

§ Mr. Streeter
To ask the Chancellor of the Exchequer if he will assess the impact on retirement pensioners of reducing VAT on fuel to 5 per cent. [3552]

§ Dawn Primarolo
The average household would save £18 per year from a reduction in VAT on domestic fuel and power from 8 per cent. to 5 per cent., pensioners will benefit most in proportion to income.

§ Mr. Ruffley
To ask the Chancellor of the Exchequer what will be the financial impact on the average household of a reduction in the rate of VAT levied on domestic fuel to 5 per cent. [3682]

§ Dawn Primarolo
The average household would benefit by £18 per year from a reduction in VAT on domestic fuel and power from 8 per cent. to 5 per cent.