§ Mr. Peter BottomleyTo ask the Chancellor of the Exchequer (1) if he will list the excise duty receipts from spirits in each of the first six months of the present and the last tax year; [2140]
(2) if he has adjusted the forecast duty from spirits; [2142]
(3) if he will estimate the shortfall in estimated duty receipts from spirits for the current year. [2141]
§ Mr. Heathcoat-AmoryThe table shows spirit duty receipts for the first six months of 1995–96 were approximately 93 per cent. of revenues in the first six months of 1994–95. The outturn for the whole of 1994–95 was £1.776 billion.
HM Treasury's summer economic forecast contained a figure of £1.9 billion spirits receipts in 1995–96. The next set of forecasts will be published on Budget day in the 1996–97 "Financial Statement and Budget Report".
455W
£ million Month 1995–96 1994–95 April 112 126 May 106 128 June 129 134 July 121 122 August 115 121 September 128 134 This information is published every month by the Central Statistical Office in "Financial Statistics", table 2.1D.
§ Mr. BottomleyTo ask the Chancellor of the Exchequer when the Treasury model for tax on spirits was last adjusted. [2143]
§ Mr. Heathcoat-AmoryThe models used for spirits duty receipts are reviewed regularly.