Mr. Alan W. Williams
To ask the Chancellor of the Exchequer how much he expects to raise from value added tax in each year from 1992–93 to 1995–96 levied on(a) industry's fuel costs, (b) domestic electricity supply, (c) domestic gas sales and (d) other domestic fuels.
§ Sir John Cope
Separate forecasts of value added tax yield from industrial fuel costs, domestic electricity supply, domestic gas sales and other fuels are not available. "The Financial Statement and Budget Report 1993–94" shows the estimated yield from applying value added tax to domestic fuel and power as zero in 1993–94, £950 million in 1994–95 and £2,300 million in 1995–96. There is no current estimate of revenue raised from applying value added tax to industrial fuel costs.