asked the Minister for Finance the yield arising in each of the three financial years ended the 31st March, 1960 from the duty equivalent of (1) 1d. per 20 cigarettes of the popular brands retailing (a) at 3/1d. and (b) at 2/7d. (filtertips), (2) 1d. per pint of stout, (3) 6d. per gallon of petrol, (4) 1d. per medium size bottle of minerals, (5) ½d. per box of matches, (6) 10% of the rate of tax in force for off-course betting and (7) 2d. per glass of whiskey, allowing for the trade margins in force during each of those years.
Written Answers. - Duty and Tax Yields.
49.
The following is the information:—
|
Duty equivalents |
Approximate Yield Year ended 31st March |
||
|
1958 |
1959 |
1960 |
|
|
£ |
£ |
£ |
|
|
(1). 1d. per packet of 20 cigarettes of the standard size |
1,020,000 |
980,000 |
1,050,000 |
|
(2) 1d. per pint of stout as sold |
1,310,000 |
1,270,000 |
1,340,000 |
|
(3) 6d. per gallon of petrol |
1,870,000 |
1,960,000 |
2,050,000 |
|
(4) 1d. per pint size bottle of minerals |
190,000 |
179,000 |
207,000 |
|
(5) ½d. per box of matches |
255,000 |
255,000 |
270,000 |
|
(6) 10% of the rate of tax in force for off-course betting |
90,000 |
99,000 |
89,000 |
|
(7) 2d. per glass of whiskey |
528,000 |
559,000 |
577,000 |
The figures shown represent the yields derived from each segment of the main rates of duty corresponding to the equivalents indicated by the Deputy. They have no relation to the selling prices of the commodities concerned and allowance for trade margins is not, therefore, necessary.
The available data are not sufficient to enable the duty equivalent of 1d. on 20 filtertip cigarettes to be determined.