Share Radio Breakfast

How would a Minimum Excise Tax for cigarettes affect independent retailers?


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With the Spring Budget just around the corner, certain industries might be feeling a little worried with tax hikes on the horizon. One of the suggested tax hikes is cigarette tax, with the Chancellor expected to set a Minimum Excise Tax for cigarettes. There are concerns amongst retailers that this tax could have a major impact on their sales, as well as potentially costing UK taxpayers an estimated £1.2 billion in lost revenue. Will Hill, Director of British American Tobacco UK, joined Share Radio Breakfast to discuss this further.
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Share Radio BreakfastBy Share Radio