Celebrating 25 Years of Scoop
Special: Up To 25% Off Scoop Pro Learn More
Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Excise Tax Increase on Ciggies / Tobacco

Border Control Minister John Luxton, today announced a small increase to the rates of excise duty on tobacco products.

"This normal annual adjustment to the rates, based on the 1.105 percent increase in the Consumers Price Index All Groups - Excluding Credit Services in the 12 months ending 30 September 1999, would add four cents in excise duty to a packet of 20 cigarettes and 13 cents on a 50 gram packet of cut tobacco", Mr Luxton said.

The new excise rates, which come into force on 1 December, will raise approximately an additional $6 million for Government in a full year.

ends

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.