I move Financial Resolution No. 2:
(1) THAT in this Resolution—
"actual alcoholic strength by volume" means the number of volumes of pure alcohol contained at a temperature of 20ºC in 100 volumes of the product at that temperature;
"% vol" means alcoholic strength by volume.
(2) THAT the duty of excise on cider and perry imposed by paragraph 8 (2) of the Imposition of Duties (No. 221) (Excise Duties) Order, 1975 (S.I. No. 307 of 1975), shall be charged, levied and paid, as on and from the 25th day of February, 1993, at the several rates specified in the Schedule to this Resolution in lieu of the several rates specified in the Second Schedule to the European Communities (Customs and Excise) Regulations, 1992 (S.I. No. 394 of 1992).
(3) IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1927 (No. 7 of 1927).
SCHEDULE
Rates of Excise Duty on Cider and Perry
|
Description of Cider and Perry |
Rate of Duty |
|
Still and Sparkling: |
|
|
Of an actual alcoholic strength by volume not exceeding 6% vol |
£30.67 per hectolitre |
|
Of an actual alcoholic strength by volume exceeding 6% vol but not exceeding 8.5% vol |
£132.73 per hectolitre |
|
Still: |
|
|
Of an actual alcoholic strength by volume exceeding 8.5% vol but not exceeding 15% vol |
£204.00 per hectolitre |
|
Of an actual alcoholic strength by volume exceeding 15% vol |
£296.00 per hectolitre |
|
Sparkling: |
|
|
Of an actual alcoholic strength by volume exceeding 8.5% vol |
£408.00 per hectolitre |
Financial Resolution No. 2 provides for an increase of 32p, including VAT, on a gallon of ordinary strength cider and perry with a pro rata increase for cider in the middle alcoholic strength range from midnight tonight. It also changes the unit of charge from litre to hectolitre to comply with EC law. The purpose of the resolution is to give effect to an increase of 32p, including VAT, on a gallon, which is the equivalent of 4p per pint of ordinary strength cider and perry, with a pro rata increase for cider and perry in the middle alcoholic strength range. To comply with the EC requirements the unit of charge on cider and perry is also changed from the gallon to the hectolitre. These changes will take effect from midnight and are estimated to result in an additional Exchequer yield of £1.2 million in 1993 and £1.6 million in a full year. The increase will have a negligible effect on the CPI.