Dáil Éireann Debate, Wednesday - 8 May 2019
175. Deputy Denise Mitchell asked the Minister for Finance the estimated increase to roll-your-own tobacco if an annual tax escalator of 10% and the rate of inflation was introduced; and if he will make a statement on the matter. [19553/19]
Amharc ar fhreagraI am advised by Revenue that if tax on a 30g pack of roll-your-own tobacco was increased using an annual tax escalator of 10% and the rate of inflation of 1.1% (March 2019), a pack priced at €17 would increase by €1.55.
The Deputy may be interested to note that Revenue’s Ready Reckoner, available at www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx, shows the tax yield that would arise from increases in Tobacco Products Tax.
