David Stanton
Ceist:45 Mr. Stanton asked the Minister for Finance the amount collected by way of the increased taxation on alcopops in 2003; and if he will make a statement on the matter. [8985/04]
Amharc ar fhreagraTuesday, 23 March 2004
Ceisteanna (56)
Freagraí scríofa
I am informed by the Revenue Commissioners that an estimated €12.2 million was collected in 2003 as a result of the increased taxation on alcopops. This is made up of additional excise duty of €10.2 million, together with additional VAT estimated at €2 million. The figure for additional VAT collected is estimated as VAT returns are not required to be completed in a manner that identifies the yield from particular goods and services.
The 2003 budget increase almost doubled the excise duty content on a 275 ml. bottle of alcopop, that is, lower strength spirit-based drink with less than a 5.5% alcohol content, from 30 cent to more than 59 cent. The increase was equal to 35 cent when VAT was included. The total volume of alcopops on which excise duty was paid in 2003 fell by 11.5%, compared to the corresponding period in 2002.
Question No. 46 answered with QuestionNo. 15.