asked the Minister for Finance (a) the current level of taxation as a percentage of retail price and (b) the value of total tax revenue raised in the most recent financial year for which figures ar available in respect of (1) premium and regular petrol (2) auto-diesel (3) unleaded petrol (4) auto LPG (5) new car purchases and (6) vehicle spare parts.
Written Answers. - Motor Taxation.
86.
I presume the Deputy's question relates to current levels of excise duty and VAT. The information requested by the Deputy in so far as it is available is as follows:
|
Item |
Current level of tax as a percentage of typical retail price |
Estimated yield from excise duty and VAT in 1988 |
|
% |
£m |
|
|
Petrol(1) |
||
|
Premium |
70.8 |
|
|
Regular |
71.6 |
450 |
|
Unleaded |
68.9 |
|
|
Auto-diesel |
62.8 |
139 |
|
Auto-LPG |
50.7 |
3 |
(1) A breakdown of the estimated yield from excise duty and VAT on premium, regular and unleaded petrol is not available.
New Car Purchases
In so far as the question relates to new cars, I would refer the Deputy to the reply given to Parliamentary Questions Nos. 64 and 65 of Wednesday 15 February, 1989. A breakdown of receipts as between new and second hand is not available.
Vehicle spare parts
Vehicle spare parts are not liable to excise duty. The 10 per cent VAT rate applies to the servicing of motor vehicles and the 25 per cent rate to motor vehicle parts, giving rates of 9.1 per cent and 20 per cent respectively when expressed as percentages of the VAT-inclusive retail price. As regards the estimated revenue yield, I would refer the Deputy to the reply given to Parliamentary Question No. 70 of 14 February, 1989.
87.
asked the Minister for Finance (1) the level of annual motor tax which applies and (2) the value of revenue raised therefrom in the most recent year for which figures are available classified by the range of engine capacity specified in the tax schedule.
I am sending the Deputy a Schedule of the current rates of motor tax for all classes of mechanically propelled vehicles.
In 1988 revenue collected by local licensing authorities in respect of motor vehicles (motor tax, driver licensing fees etc.) totalled £134.1 million, of which £127.6 million related to motor tax.
A classification of motor tax revenue by the engine capacity of motor vehicles is not available. Some vehicles are not taxed according to engine capacity but by reference to the class of vehicle (e.g. agricultural tractor), the unladen weight (goods vehicles) or the seating capacity (large public service vehicles).