Oireachtas Joint and Select Committees

Wednesday, 6 November 2019

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2019: Committee Stage (Resumed)

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

On the minimum excise duty, it has been put to me that one in three cigarettes sold in the fastest-growing lower price category does not have the 50 cent increase in the budget. If that is true it is a problem. The Minister has outlined the purpose of the increase in excise duty but if some companies are finding a way to get around it, it is an issue and it needs to be challenged. The Minister said the minimum excise duty, MED, was increased last year and has decided to leave it unchanged this year. If tobacco products at the lower end of the market continue without a price increase it needs to be dealt with.

Comments

No comments

Log in or join to post a public comment.