TMA responds to the publication of the new Measuring Tax Gaps Report

TMA responds to the publication of the new Measuring Tax Gaps Report

Giles Roca, Director General of the TMA commented:

“These figures confirm that the Government’s high tax strategy on tobacco is simply driving smokers to seek out cheaper alternatives from the black market and abroad. Recent research showed 41% of smokers had bought tobacco from the black market over the last year. That’s not surprising with tax accounting for around 80% of the price of tobacco, the second highest in the EU, and which on cigarettes has increased by 65% in the last 7 years and on hand rolling by more than 75% over the same time. Since 2000 the total tax lost through tobacco smuggling is £43.5 billion. It is imperative that the Government should halt any further duty increases starting at next month’s budget and review its entire strategy if it is to protect future tax revenues and effectively tackle the black market.”

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