asked the Minister for Finance the approximate yield of one penny per packet on cigarettes, one penny per gallon on petrol, one penny per pint on beer, two pence per glass on spirits and eightpence in the pound on income tax.
Ceisteanna—Questions. Oral Answers. - Yield of Duties.
10.
Mr. Belton
The answer is in the form of a tabular statement which, with your permission, a Cheann Comhairle, I propose to circulate in the Official Report.
Following is the statement:
|
Duty or tax equivalent |
Approximate yield |
|
£ |
|
|
(1) 1d. per packet of 20 cigarettes of the standard size. |
1,120,000 |
|
(2) 1d. per gallon on petrol |
480,000 |
|
(3) 1d. per pint on beer as sold |
1,600,000 |
|
(4) 2d. per glass on spirits |
850,000 |
|
(5) 8d. in the £1 on income tax |
4,660,000 |
The figures shown in respect of items (1) to (4) above are based on current levels of consumption and represent the yields derived from each segment of the main current rates of duty corresponding to the equivalents indicated by the Deputy.
11.
Mr. Belton
asked the Minister for Finance the amount of money received in duty from (a) cigarettes (b) beer (c) spirits and (d) petrol in the year ended 31st March, 1964.
12.
Mr. Belton
asked the Minister for Finance the estimated amount of duty that will be received in the year ending 31st March 1965 from (a) cigarettes (b) beer (c) spirits and (d) petrol.
With your permission, a Cheann Comhairle, I propose to take Questions Nos. 11 and 12 together and to furnish the information in the form of a tabular statement to be circulated with the Official Report.
Following is the statement:
|
Commodity |
Net receipts of duty in the year ended 31st March, 1964 |
Estimated net receipts of duty in the year ending 31st March, 1965 |
|
£ |
£ |
|
|
Tobacco (a) |
33,151,255 |
37,500,000 |
|
Beer |
11,364,041 |
13,275,000 |
|
Spirits |
10,242,399 |
11,150,000 |
|
Mineral Hydrocarbon Light Oil (b) |
14,781,310 |
17,450,000 |
(a) The bulk of the revenue from tobacco is obtained from raw leaf imported for manufacture into cigarettes, pipe tobaccos and other products. The duties on the leaf are collected without reference to end use and, accordingly, accurate statistics of the receipts from leaf used in the manufacture of cigarettes are not available. However, it may broadly be taken that about 90% of the total receipts from tobacco are derived from cigarettes.
(b) Separate figures of net receipts from petrol are not available, but more than 99% of the receipts of duty from Mineral Hydrocarbon Light Oil are in respect of petrol.