§ Mr. Redmondasked the Chancellor of the Exchequer how much revenue is currently raised by the taxation of food by purchase tax and selective employment tax on relevant employment; and what were the comparative figures in June, 1970.
§ Mr. Patrick JenkinFor the current year, the purchase tax yield from taxable foodstuffs and soft drinks is estimated to be of the order of £150 million and the SET element in household expenditure on all food (excluding alcoholic drink) about £25 million. The corresponding figures for 1970–71 are of the order of £150 million and getting on for £50 million respectively.