§ Mr. Paul MarsdenTo ask the Chancellor of the Exchequer if he will estimate the annual change in the cost to an average low user of variations in fuel duties between 1992 and 1997; and if he will make a statement. [156504]
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§ Mr. TimmsIn April 1992, the duty on a litre of unleaded petrol was 23.42 pence. In April 1997 it was 36.86 pence per litre. If the duty rate had been revalorised in line with inflation since 1992 it would have been 26.55 pence per litre.
Compared to revalorisation, the additional annual cost for a driver covering 5,000 miles per annum at 6.6 miles to the litre would have been £92 in duty and VAT.