Taxation

NEWS RELEASE – Embargoed until 00:01hrs Sunday October 11, 2015 The Tobacco Manufacturers' Association (TMA) responds to calls by the All Party Parliamentary Group on Smoking and Health to increase tobacco taxes to fund a reduction in smoking prevalence. Giles Roca, Director General of the TMA...

Commenting on today’s Budget announcement, Christopher Ogden, Chief Executive of the Tobacco Manufacturers’ Association (TMA), said: “Government has today increased tobacco duties by 2% above inflation which clearly demonstrates a complete lack of joined-up-thinking as taxation is the acknowledged driver of the illicit tobacco trade. The...

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