Tobacco: Excise Duties
Lords · Question HL7693 · Tabled 20 May 2025 · Treasury · Official record
Answered 4 Jun 2025
Question
Asked by Lord Rennard
To ask His Majesty's Government, whether they will publish the model used to calculate (1) price elasticities, and (2) income elasticities, for tobacco, as referenced in Tobacco duties: forecast methodology, published by the Office for Budgetary Responsib
Answer
Answered by Lord Livermore, 4 Jun 2025
The Office for Budget Responsibility (OBR) publishes details of their tobacco tax receipt forecast in the Economic and Fiscal Outlook (EFO) publication and forecast methodology page. [1] The OBR provides further information on their analysis on request. ...