Clause 2 - Rate of duty on beer
Finance Bill
10:15 am
Mr Mark Prisk (Hertford and Stortford, Conservative)
I understand that the Minister may not be able to pursue policy further, but I am not clear whether the Government have assessed the overall problem. Clearly, if one set of taxes is raised, there will be a knock-on effect on other taxes, and I assume—the Minister may contradict this—that the Government have looked at the total revenue. If a change made to one fiscal measure has a detrimental effect elsewhere, the Government could end up in deficit in tax terms. What studies have been commissioned?