asked the Minister for the Environment the estimated yield in 1988 from motor tax and the arrangements which exist for forwarding sums collected by local authorities by way of motor tax to the Exchequer.
Written Answers. - Motor Tax Yield.
The estimated total revenue collected by motor tax offices in 1988 is £132 million, inclusive of motor tax, driving licence fees, vehicle testing fees, etc. Of this amount, £126 million relates to motor tax.
Revenue collected by a licensing authority is lodged daily to the credit of a motor tax account in a local bank who transfer the receipts to the credit of the Exchequer's motor tax account in the Central Bank.