HC Deb 23 May 1969 vol 784 cc175-6W
Mr. Alison

asked the Chancellor of the Exchequer what is the estimated loss to the revenue in a full year of reducing the surcharge of 10 per cent. on the duties on, respectively, beer, wines, spirits, hydrocarbon oils, petrol substitutes, power methylated spirits and tobacco, imposed on 22nd November, 1968, to 5 per cent.

Mr. Harold Lever

No such estimate has been made; it would be purely hypothetical because the regulator surcharge was terminated on Budget Day and the basic rates of duty altered by varying amounts.