Written Question·Treasury·UIN 8901
Tobacco: Excise Duties
Tabled: 14 October 2024
Answered: 22 October 2024
Question
Paul Holmes
Conservative — Hamble Valley
To ask the Chancellor of the Exchequer, with reference to the Institute of Fiscal Studies' finding relating to the fall in revenues from tobacco duty over the last decade, outlined on page 42 of its report entitled The outlook for the public finances in t
Answer
James MurrayHM Revenue and Customs (HMRC) launched its first strategy to tackle illicit tobacco in 2000. This, and consequent strategies with Border Force, have reduced the overall tobacco duty tax gap from 21.7% in 2005/6 to 14.5% in 2022/23. During this time, the d...
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