§ Dr. CableTo ask the Chancellor of the Exchequer what has been the Government's revenue receipts on a monthly basis since January 2002 arising from(a) sales of petrol, (b) sales of the petroleum products and (c) North Sea oil production. [101807]
§ Mr. Boateng[holding answer 7 March 2003]: Monthly receipts data for petroleum revenue tax, hydrocarbon oils and oil royalties are shown in Tables 2.1C, 2.1D and 2.1E respectively of the National Statistics publication Financial Statistics. Table 2.1E is in the process of being corrected; the correct monthly figures for oil royalties in 2002 will be published in the March edition of Financial Statistics on 19 March 2003 and are as shown in the following table, in £ million.
£ million January 0 February 248 March 10 April 4 May 0 June 0 July 0 August 230 September 4 October 0 November 5 December 0 More up to date information on petroleum revenue tax and hydrocarbon oils receipts are available, respectively, on the Inland Revenue website at www.inlandrevenue.gov.uk, and on the HM Customs and Excise website www.uktradeinfo.com. Figures for 130W North Sea corporation tax are only published on a financial year basis and are available on the Inland Revenue website. There are no published figures for VAT on petroleum products.