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Tobacco And Alcohol (Tax Yield)

Volume 981: debated on Monday 17 March 1980

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asked the Chancellor of the Exchequer what yield to the Exchequer has resulted over the latest period of 12 months for which figures are available from the tax on (a) tobacco and (b) alcoholic drink.

It is estimated that receipts in 1979 of excise duty and VAT on tobacco products and alcoholic drinks were £2,850 million and £3,150 million, respectively.