§ Mr. Flight:To ask the Chancellor of the Exchequer what the cost to the Exchequer was of the reduced rate of VAT on energy saving materials in each year since 1998; and what effect the extension had on these sums in each year from 2000. [130998]
§ John Healey:Estimates of the revenue cost of the reduced rate of VAT for energy saving materials measures for the years 1998–99 to 2000–01 were published in Table 1.3 of the 1998 Financial Statement and Budget Report [HC 620]. It is estimated to have the same full-year cost in subsequent years.
Estimates of the additional cost for the years 2000–01 to 2002–03 of extending the measure in Budget 2000 were published in the 2000 Financial Statement and Budget Report [HC 346].