asked the Minister for Finance if he will state the customs and excise duty and VAT as a percentage of the retail price of beer, spirits, cigarettes and petrol following the budgets in 1961, 1966, 1971 and 1976.
Written Answers. - Customs and Excise.
122.
The information requested is as follows:
|
Commodity† |
Year |
Total of fiscal customs/excise duty and VAT or Turnover Tax as % of retail price |
|
A pint of beer of average gravity |
1961196619711976(January)1976(March)* |
35.2%43.3%45.7%52.7%49.4% |
|
A glass of whiskey |
1961196619711976(January)1976(March)* |
48.1%50.7%51.5%51.6%51.0% |
|
20 standard plain cigarettes |
1961196619711976(January)1976(March)* |
69.2%72.2%73.7%74.9%74.8% |
|
A gallon of petrol (premium grade) |
1961196619711976(January)1976(March)* |
56.8%63.8%63.3%57.0%58.3% |
†The unit relates to strength etc. of the commodity as it was sold in the years stated.
*The January, 1976, Budget provided for an increase in rate for VAT which took effect on 1 March, 1976.