§ Mr. Knoxasked the Chancellor of the Exchequer what increase in tax on the following items would be required for their yield in real terms to be returned to the level they were at in February 475W 1974: (a) a standard pack of 20 cigarettes, (b) cigars and (c) pipe tobacco.
§ Mr. Robert SheldonThe present duty yields per unit of consumption are higher in real terms than the yields in February 1974. To return the duties to their real values in February 1974, the following approximate reductions would be needed:
- (a) 20 standard filter cigarettes, 7½p.
- (b) 5 panatella cigars, 11p.
- (c) 1 oz pipe tobacco, 5½p.