Written answers

Tuesday, 23 October 2012

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour)
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To ask the Minister for Finance what would the expected full year yield in 2013 be from a 10 cent, 20 cent, 25 cent and 30 cent increase including VAT respectively on excise on tobacco; what would the expected yield be from increasing the excise including VAT on roll your own tobacco to the same level as cigarettes; and if he will make a statement on the matter. [46458/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that, based on data currently available, the estimated yields in 2013 from an increase in excise (VAT inclusive) on the products referred to are as follows.

Excise on tobacco

Increase in price (including VAT)Expected Full Year Yield
10c€16.5m
20c€32.9m
25c€41.0m
30c€49.2m

The expected yield from increasing the excise (including VAT) on Roll Your Own tobacco to the same level as cigarettes would be in the range of €120-€140m for a full year.

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