§ Mr. Freudasked the Chancellor of the Exchequer what increase of duties on 420W spirits, beer and wine would be required to produce £1,240 million annually.
§ Dr. GilbertVarious combinations of changes in the rates of duties on these goods could produce the postulated result. As an example, however, increases— taking VAT into account—equivalent to l0p a pint of beer, £3.20 on a bottle of spirits and 60p on a bottle of wine would be expected to yield a total annual increase in revenue receipts of the order of the figure stated.
§ Mr. Freudasked the Chancellor of the Exchequer what increase of duties on spirits, beer, wine and tobacco would be required to produce £1,240 million annually.
§ Dr. GilbertVarious combinations of changes in the rates of duties on these goods could produce the postulated result. As an example, however, increases —taking VAT into account—equivalent to 8p a pint on beer, £2.56 on a bottle of spirits, 48p on a bottle of wine and 8p on a packet of 20 cigarettes of average weight could be expected to yield a total annual increase in revenue receipts of the order of the figure stated.