HC Deb 07 December 1973 vol 865 c498W
Mr. Madel

asked the Chancellor of the Exchequer what is the estimate of the revenue he will receive from the duty on tobacco and drink in the current financial year; and what are the figures for the two previous years.

Mr. Higgins

The Budget estimate was £1,884 million. Net receipts in 1971–72 and 1972–73 were £2,124 million and £2,259 million respectively.

Mr. Madel

asked the Chancellor of the Exchequer by how much revenue to the Exchequer would increase in this financial year if he increased the duty on drink and tobacco by 10 per cent.

Mr. Higgins

About £40 million.

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