§ Mr. SimsTo ask the Chancellor of the Exchequer how much revenue would arise in a full financial year from raising the tax on a packet of 20 cigarettes by(a) 5p, (b) 10p, (c) 15p, (d) 20p and (e) 30p; and if he will make a statement.
§ Mr. LilleyEstimates are as follows:
Additional Tax Additional Revenue £ million 5p 170 10p 330 15p 495 20p 655 30p 965
§ Mr. SimsTo ask the Chancellor of the Exchequer how much revenue would have arisen in the period 1988–89 from a tax on cigarettes 10p higher than was necessary to adjust for the effects of inflation over the preceding year; and if he will make a statement.
§ Mr. LilleyIt is estimated that the additional revenue would have been £310 million.