§ Mr. BercowTo ask the Chancellor of the Exchequer if he will estimate the revenue yield and impact on the retail prices index of revalorisation of excise duties at(a) the present rate of inflation and (b) the present rate of inflation less the mortgage component of inflation. [26252]
§ Ruth KellyThe revenue yield from changes in excise duties is shown in Table 6 of "Tax Ready Reckoner and Tax Reliefs" published by HM Treasury in November 2001. The impact on the retail prices index of revalorising256W a particular excise good is contingent on a number of factors including the nature of the excise good in question, and its retail price at the time of any duty change.