§ Mr. WhittingdaleTo ask the Chancellor of the Exchequer how much extra revenue will be raised in excise duty on(a) diesel and (b) ultra-low sulphur diesel due to changes made since 1 May 1997 in 1997–98 and each of the following four years. [76574]
§ Dawn PrimaroloHM Customs and Excise estimate the extra revenue raised in excise duty on(a) diesel and (b) ultra-low sulphur diesel due to the changes made since 1 May 1997 to be:
Financial year Diesel Ultra-low sulphur diesel 1997–98 220 -5 1998–99 570 10 1999–2000 120 430 2000–01 0 900 2001–02 0 1,040 The figures have been calculated by comparing estimated revenue streams under the current Government's duty commitments (as shown in table C.1 of the 1998 FSBR and table IB.2 of the 1999 ESBR/FSBR) with an estimate of what revenue streams would have been under the previous Government's 5 per cent. escalator. It has been assumed that after 1999–2000 all diesel will have been replaced with ultra-low sulphur diesel.
Although it was legislated for under the previous Government, the separate rate for ultra-low sulphur diesel did not come into effect until after 1 May 1997 and has therefore been treated as a change since that date.