asked the Minister for Finance the current estimated additional revenue yield of an increase in duties of 4p on a pint of beer; 5p on a glass of spirits; 15 per cent on wines and 4p on a packet of 20 standard plain cigarettes; and the estimated effect on the consumer price index.
Written Answers. - Additional Duties Revenue Yield.
321.
The following is the information requested by the Deputy:
|
Increase in duties (including VAT element) |
Estimated additional yield (including VAT) in a full year(1) |
Consumer Price Index effect (percentage points). |
|
£m |
||
|
(a) 4p on a pint of beer |
19.0 |
+0.8 |
|
(b) 5p on a glass of spirits |
10.8 |
+0.2 |
|
(c) 15 per cent on wines |
0.9 |
+0.1 |
|
(d) 4p on a packet of 20 standard plain cigarettes |
13.1 |
+0.3 |
|
Total |
43.8 |
+1.4 |
(1) Estimated yields are based on 1978 volume estimates.