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Dáil Éireann debate -
Thursday, 30 Oct 1980

Vol. 323 No. 7

Ceisteanna—Questions . Oral Answers . - Price Increases Revenue .

35.

asked the Minister for Finance the estimated increase in revenue in the current financial year from the latest price increase in (a) beer and spirits, (b) petrol and (c) food products generally.

: The estimated direct increase in revenue in the current financial year from the latest price increase (a) in beer and spirits is £271,000 and (b) in petrol is £456,000. These figures do not take into account the revenue effects of any consequential shifts in consumption, nor the effects of the recent petrol shortage. Food products generally are not liable to VAT.

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