Dáil debates
Thursday, 5 December 2013
Finance (No. 2) Bill 2013: Report Stage (Resumed)
11:10 am
Fergus O'Dowd (Louth, Fine Gael) | Oireachtas source
Section 52, which is opposed by Deputy Boyd Barrett, confirms the budget increases in the rates of tobacco products tax which, when VAT is included, amount to 10 cent on a pack of 20 cigarettes in the most popular price category with pro rata increases on other tobacco products.
As a result of the budget increase, the price of a pack of 20 cigarettes in the most popular price category has increased to €9.50. These measures are estimated to yield €2.5 million in 2013 and €15.4 million in a full year.
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