Sunday February 23, 2020

Warning over further cigarette tax increases

Tax levels on tobacco have reached the point where any further tax increases will lead to lower tax yields, according to a new Revenue report.

25th June, 2011

Tax levels on tobacco have reached the point where any further tax increases will lead to lower tax yields, according to a new Revenue report.

The report said that further tax hikes would lead to more consumption of untaxed - counterfeit or smuggled - cigarettes.

While the report does conclude that further tax increases would reduce smoking ‘‘somewhat’’, non-pricing measures, such as the smoking ban, were a more effective way to reduce the level of...

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