asked the Minister for Finance the current estimated yield from 4 pence on the pint, 4 pence on a glass of spirits and 4 pence on a packet of cigarettes.
Written Answers. - Tax Yield.
77.
It is assumed that what the Deputy has in mind is the estimated additional annual revenue yield (i.e. excise duty plus VAT) from increased taxation of the levels referred to on beer, spirits and cigarettes (including pro rata increases on other tobacco products). On that basis, the information requested is as follows:
|
Commodity |
Amount of increase (incl. VAT) |
Estimated additional annual revenue yield |
|
£m |
||
|
Beer |
4p per pint |
22.4 |
|
Spirits |
4p per glass |
4.8 |
|
Tobacco Products |
4p per 20 cigarettes and pro rata increases on other tobacco products |
7.6 |