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Mr. Matthew Taylor
To ask the Chancellor of the Exchequer what are the estimated savings per week resulting from the abolition of the gas levy for (a) the average household, (b) those in the lowest decile of income distribution, (c) those in the highest decile of income distribution and (d) old age pensioners. [8652]
Dawn Primarolo
The estimated average savings from the proposed reduction of the gas levy to zero from April 1998 are given in the following table.
Household type | Saving (£ per week) | As a percentage of net income |
Average household | 0.10 | 0.03 |
Households in the lowest income decile | 0.10 | 0.09 |
Households in the highest income decile | 0.15 | 0.02 |
Pensioners | 0.10 | 0.05 |