Alcoholic Drinks and Tobacco: Excise Duties
Commons · Question 10133 · Tabled 21 Oct 2024 · Treasury · Official record
Answered 29 Oct 2024
Question
Asked by Lee Anderson
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of changes in the level of excise duty on (a) tobacco and (b) alcohol on the (i) illicit and (ii) non-duty paid markets for these products.
Answer
Answered by James Murray, 29 Oct 2024
The approach used in costings certified by the Office for Budget Responsibility at Spring Budget 2024 does account for behavioural responses to changing excise duty rates, including the impact of illicit and non-duty paid markets.