asked the Minister for Finance the current net estimated revenue yield of an increase of (a) four pence on a pint of beer (b) five pence on a glass of spirits (c) 15 per cent on wines and (d) four pence on a packet of 20 cigarettes; and the estimated effect of such increases on the consumer price index.
Written Answers. - Drink and Tobacco Tax Yields.
309.
Following are the estimates requested:
|
Increase in duties* |
Estimated additional yield in a full year* |
Estimated effect on Consumer Price Index (Per cent increase) |
|
£m |
||
|
(a) 4p on a pint of beer |
21.8 |
0.76 |
|
(b) 5p on a glass of spirits |
7.0 |
0.23 |
|
(c) 15% on wines |
0.7 |
0.08 |
|
(d) 4p on a packet of 20 standard plain cigarettes |
9.4 |
0.38 |
* Both the duty increase figures and the estimated yields make allowance for valueadded tax. Estimated yields are based on 1977 volume estimates.