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Tax Yield

Volume 974: debated on Monday 19 November 1979

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asked the Chancellor of the Exchequer what would be the additional tax yield from each of the following, making any appropriate statistical allowances for falling consumption, namely (a) a 35p increase in the duty on spirits, (b) a 10p increase in the duty on cigarettes and tobaccos, (c) a 20p increase in the duty on wine, (d) a 2p increase in the duty on beer, (e) a 10p increase in petrol tax and (f) an increase to £60 in the motor vehicle licence.

asked the Chancellor of the Exchequer what is the current yield from taxes on gambling; and what increased revenue would accrue from each of the following changes, making whatever statistical assumptions he thinks proper for evasion or reduced activity, namely, (a) a 10 per cent. increase, (b) a 20 per cent. and (c) a 30 per cent.

asked the Chancellor of the Exchequer what would be the loss to the revenue if the standard rate of income tax was reduced to 27p in the pound, assuming that the higher rates, and the steps between them, remained unchanged.