Dáil Éireann Debate, Thursday - 16 July 2015
163. Deputy Michael McGrath asked the Minister for Finance the yield that would be raised by increasing the price of cigarettes by €0.25; and by €0.50, and by these amounts across other tobacco products; and if he will make a statement on the matter. [29780/15]
View answerI am informed by the Revenue Commissioners that the estimated yield that could be raised in a full year through increasing the tax on cigarettes by 25 cent and 50 cent, with a pro rata increase in duty on other tobacco products, is in the region of €30m and €60m respectively, assuming no change in consumer behaviour.
