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)
Michael McGrath (Cork South Central, Fianna Fail)
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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.