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Tobacco

Volume 164: debated on Thursday 21 December 1989

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To ask the Chancellor of the Exchequer what would have been the effect on the retail prices index had tobacco excise duty, inclusive of value added tax, been index linked for 1989–90.

It is estimated that the impact effect on the retail prices index of an indexation of tobacco excise duty in 1989–90 would have been to increase the index by 0·15 per cent.