PARLIAMENTARY WRITTEN QUESTION
Fuels: Excise Duties (21 October 2024)
Question Asked
To ask the Chancellor of the Exchequer, If her Department will make an estimate of the revenue raised by removing the freeze on fuel duty.
Asked by:
Lee Anderson (Reform UK)
Asked by:
Lee Anderson (Reform UK)
Answer
Revenue from fuel duty and associated VAT ensures that the Government can continue to fund the vital public services and infrastructure that people across the UK expect.
The Chancellor makes decisions on tax policy at fiscal events. Full forecasts for fuel duty revenue, certified by the Office for Budget Responsibility (OBR), will be published at Budget on 30 October.
HMRC regularly publish statistics relating to the direct effects of illustrative tax changes, including fuel duty. The most recent version of this publication can be found on GOV.UK:
https://www.gov.uk/government/statistics/direct-effects-of-illustrative-tax-changes.
Answered by:
James Murray (Labour)
29 October 2024
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