§ Mr. Knoxasked the Chancellor of the Exchequer what increase in the following duties would be required for their yields in real terms to be returned to the level they were at in February 1974: (a) duty on beer, (b) duty on spirits, (c) duty on fortified wines and (d) duty on standard table wines.
§ Mr. Robert SheldonThe present duty yields per unit of consumption are higher in real terms than the yields in February 1974. To return the duties to their real values in February 1974, the following approximate reductions would be needed:
- (a) Beer duty, 2p per pint.
- (b) Spirits duty, 12p per bottle of home produced mature spirits.
- (c) Fortified wine, 24p per bottle of strong sherry.
- (d) Table wine, 29p per bottle of table wine.