HC Deb 09 February 1989 vol 146 c751W
Mr. Nigel Griffiths

To ask the Chancellor of the Exchequer if he will give the impact on the retail price index of raising £500 million in revenue in a full year from each of(a) tobacco products, (b) beer, (c) wine and spirits, (d) petrol, (e) value added tax and (f) vehicle excise duty.

Mr. Lilley

It is estimated that the impact on the retail price index of raising £500 million in a full year from the different excise duties and value added tax is as follows:

Raising £500 million in a full year from Impact effect on the retail price index Per cent.
(a) Tobacco products 0.29
(b) Beer 0.24
(c) Wine and Spirits 0.39
(d) Petrol 0.13
(e) Value added tax 0.12
(f) Vehicle excise duty 0.13

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