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Taxation: Road Fuel

Volume 702: debated on Tuesday 24 June 2008

asked Her Majesty's Government:

What yield they now expect from road fuel tax in 2008–09; and what was the yield in 1998–99 and in 2003–04; and [HL4127]

What yield they now expect from value added tax on road fuels in 2008–09 and what was the yield in 1998–99 and in 2003–04. [HL4128]

The forecast revenue for 2008-09 from fuel duty is £25.7 billion. This is published in table C.6 of the 2008 Financial Statement and Budget Report. The full table can be found at: www.hm-treasury.gov.uk/budget/budget_08/report/bud_bud08 _repindex.cfm.

Historic excise duty from road fuels revenues in previous years are published in the Hydrocarbon Oils Bulletin. The revenue raised from road fuel in 1998-99 was £21.6 billion and in 2003-04 it was £22.8 billion. The full bulletin can be found at: www.uktradeinfo.com/index.cfm?task=bulloil.

Updated projections will be published in the Pre-Budget Report later this year.

HM Revenue and Customs do not collect data on the amount of VAT paid on individual goods and services.