Speeches

Philip Davies – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Philip Davies on 2016-07-21.

To ask Mr Chancellor of the Exchequer, if he will make an estimate of the effect of tobacco legislation on levels of revenue received by HM Treasury in the last 10 years.

Jane Ellison

Impact assessments for legislative changes are published by the department responsible. HM Revenue and Customs and HM Treasury publish Tax Information and Impact Notes which estimate the impacts of tax and operational changes.

The forecast for tobacco duty receipts is published twice a year by the Office for Budget Responsibility. The latest forecast can be found on page 116 of the Economic and Fiscal Outlook published in March 2016: http://cdn.budgetresponsibility.org.uk/March2016EFO.pdf.