Tuesday, 9 July 2019

Questions (172)

Fiona O'Loughlin

Question:

172. Deputy Fiona O'Loughlin asked the Minister for Finance the estimated time for the tax rate on roll your own tobacco to reach equivalence with manufactured cigarettes; and if he will make a statement on the matter. [29803/19]

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Written answers (Question to Finance)

I am advised by Revenue that if tax on roll-your-own tobacco was increased using an annual tax escalator of 10%, it would take approximately four years for the tax rate on roll-your-own tobacco to reach equivalence with cigarettes. That is providing there was no further increase in Tobacco Products Tax on cigarettes during that period.