Excise Duty (Hansard, 9 July 1980)

HC Deb 09 July 1980 vol 988 c217W 217W

§ Mr. Allan Roberts
asked the Chancellor of the Exchequer (1) what revenue he estimates would be produced by an increase of 5p in the rate of duty on a packet of 20 cigarettes;
(2) what revenue he estimates would be raised by an increase of 5p in the rate of duty on a gallon of petrol;
(3) what revenue would be raised by an increase of 5p in the rate of duty on a pint of beer.

§ Mr. Peter Rees
The information is:

Duty increase Full year revenue (including VAT)

£ million

Tobacco 5p for 20 cigarettes^* 220

Petrol 5p per gallon 250

Beer 1p per pint 120

^* Cigarettes are subject to specific duty and ad valorem duty. It has been assumed that the two duties are increased so that together they yield an additional 5p on 20 cigarettes and that the duties on other tobacco products are increased proportionately.

	Duty increase	Full year revenue (including VAT)
		£ million
Tobacco	5p for 20 cigarettes^*	220
Petrol	5p per gallon	250
Beer	1p per pint	120
^* Cigarettes are subject to specific duty and ad valorem duty. It has been assumed that the two duties are increased so that together they yield an additional 5p on 20 cigarettes and that the duties on other tobacco products are increased proportionately.