Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether his Department has made a recent assessment of the potential merits of increasing tax on the tobacco industry.
The Government is unable to speculate on tax measures outside of fiscal events. As with all taxes, the Government keeps tobacco duty rates under review during its yearly Budget process.
The Government publishes tax information and impact notes (TIINs) for tax policy changes when the policy is final or near final. The summary of impacts from the latest changes to tobacco duty at Spring Budget 2023 can be found here: https://www.gov.uk/government/publications/tobacco-duty-changes-to-rates/changes-to-tobacco-duty-rates-from-15-march-2023