Alcohol

House of Lords written question – answered on 25th January 2010.

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Photo of Lord Jones of Cheltenham Lord Jones of Cheltenham Liberal Democrat

To ask Her Majesty's Government what impact the introduction of a policy of minimum pricing for alcoholic drinks would have on revenues to HM Treasury.

To ask Her Majesty's Government what amount is collected by HM Treasury from each penny of duty on a pint of beer; and what assessment they have made of the level of duty beyond which HM Treasury would begin to lose revenue.

Photo of Lord Myners Lord Myners Parliamentary Secretary, HM Treasury

A minimum pricing policy for alcoholic drinks would not be achieved through increased duties; therefore no explicit assessment has been made of the effect on revenues.

The indicative level of duty on a pint of beer is given in table 6 of the tax ready reckoner available at www.hm-treasury.gov.uk/d/pbr09_taxreadyreckoner.pdf, as 39 pence.

No assessment has been made of the level of duty beyond which HM Treasury would begin to lose revenue.

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