asked the Minister for Finance the change in revenue in 1985 that would result from reducing excise duty on beer by (a) 2p and (b) 5p; and the changes in the volume of sales within the State he is assuming in his reply.
Written Answers. - Excise Duties.
258.
The changes in revenue from beer sales in 1985 and in the volume of sales within the State from reductions in tax on beer are estimated as follows:
|
Reduction |
Revenue loss in 1985 |
Volume Change |
|
£m |
% |
|
|
2p |
9 |
+½ |
|
5p |
21 |
+ 2 |
It is assumed that the changes would take effect from 31 January 1985.
259.
asked the Minister for Finance the estimated change in revenue achieved by reducing excise duty on petrol by (a) 10p and (b) 20p; and the changes in the volume of sales within the State he is assuming in his reply.
The changes in revenue from petrol sales in 1985 and in the volume of sales within the State from reductions in tax on petrol are estimated as follows:
|
Reduction |
Revenue loss in 1985 |
Volume Change |
|
£m |
% |
|
|
10p |
20 |
1 |
|
20p |
37 |
3 |
It is assumed that the changes would take effect from 31 January 1985.