§ 54. Sir G. Nabarroasked the Chancellor of the Exchequer how much revenue he has estimated receiving in 1972–73 from purchase tax and selective employment tax on each of the following foodstuffs and soft drinks, namely, sweets and confectionary, soft drinks, potato crips, roasted peanuts and other edible nuts, pet foods, and convenience foods other than those above; and the aggregate of purchase and selective employment tax estimated revenue in 1972–73 from all the above.
§ Mr. Higgins:As I told my hon. Friend on 25th April, the purchase tax yield from taxable foodstuffs and soft drinks is estimated to be of the order of £150 million, and no corresponding estimate can be made for SET.—[Vol. 835, c. 1266.]
The further information requested is as follows:
The estimated purchase tax revenue from taxable foodstuffs and soft drinks in 1972–73 is comprised approximately as follows: £ million Confectionery (including chocolate biscuits) 74 Soft drinks 38 Potato crisps, salted or roasted nuts, etc 11 Pet foods 16 Ice cream, etc 11 150