§ Mr. ChopeTo ask the Chancellor of the Exchequer what the yield in excise revenue from ready-to-drink products was in(a)2001–02 and (b) 2002–03; and what the estimated yield is for (i) 2003–04 and (ii) 2004–05. [157602]
§ John HealeyExcise revenue from wine-based ready-to-drink products can be found in the HM Customs and Excise Annual Report and Accounts 2002–03 (HC52), and is shown in the following table.
Excise revenue from wine based ready-to. drink (RTD) products £ million Wine-based RTDs Spirits-based RTDs 2001–02 236 2002–03 67 not available Until 27 April 2002 duty was levied on ready-to-drink products at the 'made wine coolers' rate. Since 28 April 2002 most ready-to-drink products have been taxed at the spirits (per litre of alcohol) rate. Revenue data are not separately available and are incorporated within the total for 'other spirits'. Information on the estimated yield for 2003–04 and 2004–05 ready-to-drink products is not available. The estimated yield for ready-to-drink products is incorporated in forecasts for wine and spirits that are published annually in the pre-Budget Report and the Financial Statement and budget Report.