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748053
registered interest false more like this
date less than 2017-07-04more like thismore than 2017-07-04
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Excise Duties: Fuels more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what estimate he has made of how much will be raised for the public purse in fuel duty in each year to 2029-30. more like this
tabling member constituency Tiverton and Honiton more like this
tabling member printed
Neil Parish more like this
uin 2961 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-12more like thismore than 2017-07-12
answer text <p>According to the latest provisional statistics released by HM Revenue &amp; Customs (HMRC), fuel duties raised £27.9bn in the 2016-17 tax year. Forecasts for fuel duty revenues in future years are provided by the independent Office for Budget Responsibility (OBR) in their ‘Economic and Fiscal Outlook’. For the latest fuel duty revenue forecast, please see Table 4.6 on page 104:</p><p><a href="http://budgetresponsibility.org.uk/efo/economic-fiscal-outlook-march-2017/" target="_blank">http://budgetresponsibility.org.uk/efo/economic-fiscal-outlook-march-2017/</a></p><p> </p><p>The OBR do not publish forecasts of tax receipts past the five-year ‘scorecard’ period (currently ending in 2021-22). However, in their 2014 ‘Fiscal Sustainability Report’ they did assess the sustainability of fuel duty revenues over a longer period. Please see Chapter 4 (page 123) of the report for more information:</p><p><a href="http://cdn.budgetresponsibility.org.uk/41298-OBR-accessible.pdf" target="_blank">http://cdn.budgetresponsibility.org.uk/41298-OBR-accessible.pdf</a></p>
answering member constituency Harrogate and Knaresborough more like this
answering member printed Andrew Jones more like this
question first answered
less than 2017-07-12T10:04:38.69Zmore like thismore than 2017-07-12T10:04:38.69Z
answering member
3996
label Biography information for Andrew Jones more like this
tabling member
4072
label Biography information for Neil Parish more like this