How high can the price of cigarettes go

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The next year could start with bad news for all smokers. In fact, the draft measure stipulates a series of price increases for cigarettes, which could start as early as January 1, 2023. A price increase of 20 cents per pack is required for the first year and 10-15 cents for subsequent years.

Tobacco, Manipulation Projected Increase

It’s not just a blow, it’s the result of a reassessment of the so-called specific excise tax. After two years of no tax increases, economic ploys have put him on a three-year plan to increase taxes. 23 to 36 euros per 1,000 bottles in 2023, 36.50 euros per 1,000 bottles in 2024 and 37.00 euros per 1,000 bottles in 2025. Global Excise and VAT. The same percentage is determined to be 96.50% in 2024 and 96.905% from 2025. About 20 cents per pack for the first year and an average of 10-15 cents for 3 years for both high-end and low-end products.

E-cigarettes and cigarettes: all increased

There is also news about e-cigarettes, which have been the mainstay of the increase over the past few years, but have since been sterilized. In this case, it’s about 8 cents per ml for e-cigarettes without nicotine and about 13 euro cents per ml for products with nicotine. Expected to rise by ~15 cents. According to estimates, the entire plan could bring him more than 100 million euros into the state coffers.

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Source: Today

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