I move Financial Resolution No. 5:
(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 27th day of January, 1994, at the several rates specified in the Schedule to this Resolution in lieu of the several rates specified in the Third Schedule to the Finance Act, 1993 (No. 13 of 1993).
(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 |
£35.03 per hectolitre |
Of an actual alcoholic strength by volume exceeding 6% vol but not exceeding 8.5% vol |
£151.59 per hectolitre |
Still: |
|
Of an actual alcoholic strength by volume exceeding 8.5% vol but not exceeding 15% vol |
£215.01 per hectolitre |
Of an actual alcoholic strength by volume exceeding 15% vol |
£311.97 per hectolitre |
Sparkling: |
|
Of an actual alcoholic strength by volume exceeding 8.5% vol |
£430.02 per hectolitre |
This Resolution provides for an excise duty increase on cider and perry from midnight tonight which, when VAT is included, amounts to 3p on a pint or approximately 5p on a litre of ordinary strength cider and perry with a pro rata increase for middle strength products and increases for higher strength products in line with those for wines of the same strength. In regard to cider and perry, there has been an increase in consumption of about 20 per cent during the past four years. The tax portion on cider and perry is about half that on beer. It is interesting to note that about 37 per cent of the cider and perry market has now been taken by imports. The yield from this increase on cider and perry in 1994 will be £0.9 million and in a full year £1.1 million. The CPI effect of this increase is negligible.