Policy paper

Minimum Excise Tax

This tax information and impact note provides a backstop to promote fiscal sustainability and against price reductions from manufacturers.

From:
HM Revenue & Customs
Published
5 December 2016

Documents

Minimum Excise Tax

HTML

Details

This measure introduces a Minimum Excise Tax (MET) for cigarettes. A MET will set a minimum level of excise duty for any packet of cigarettes. This means that the total excise duty on a packet of cigarettes is the higher of either the MET, or the usual application of duties.

Updates to this page

Published 5 December 2016

Sign up for emails or print this page

Related content