Beer, Wines and Spirits (Hansard, 3 December 1987)

HC Deb 03 December 1987 vol 123 c697W 697W

§ Mr. Corbett
To ask the Chancellor of the Exchequer what would be the effect on(a) the retail price index and (b) the tax take, from an increase of 10 per cent. in the duty payable on beer, wines and spirits.

§ Mr. Lilley
The estimated effects in a full year at 1988–89 prices are as follows:

Increasing the duty payable by 10 per cent. (a) Estimated impact effect on the retail price index Per cent. (b) Estimated net revenue yield (£ million)

Beer 0.1 170

Wine 0.1 50

Spirits 0.1 65

Note: The RPI effect is shown to the nearest 0.1 per cent.

Increasing the duty payable by 10 per cent.	(a) Estimated impact effect on the retail price index Per cent.	(b) Estimated net revenue yield (£ million)
Beer	0.1	170
Wine	0.1	50
Spirits	0.1	65