asked the Minister for Finance the net estimated yield to the Exchequer in a full year of: (a) an increase of 5 pence on a pint of beer, (b) an increase of 5 pence on a glass of spirits, (c) an increase of 20 pence on a packet of 20 cigarettes, (d) an increase of 10 pence on a gallon of petrol and (e) an increase of 20 per cent on duty on wines.
Written Answers. - Commodity Price Increase Yields
305.
The information requested is as follows:
|
Increase |
Estimated yield to the Exchequer in a full year |
|
£m |
|
|
(a) 5p on a pint of beer |
33.0 |
|
(b) 5p on a glass of spirits |
9.5 |
|
(c) 20p on a packet of 20 cigarettes |
15.6* |
|
(d) 10p on a gallon of petrol |
27.9 |
|
(e) 20% on duty on wines |
2.2 |
NOTE. Both the duty increase figures and the estimated yields make allowance for value-added tax.
*This estimate is based on the assumption that the increase in the price of cigarettes would be accompanied by proportionate increases on other tobacco products.