#Budget2017: CIGARETTES AND ALCOHOL – WHERE THE TAX GOES | Public Policy, Public Expenditure & GNP

#Budget2017: CIGARETTES AND ALCOHOL – WHERE THE TAX GOES

14 Oct 2016

Today as it’s Budget Day, we updated our infographic that shows where the tax goes that is collected on the ‘old reliables’ – cigarettes and alcohol.

There are two types of tax collected:

Excise duty
Value added tax (VAT)

Assumptions:

A bottle of wine costs €10
A packet of cigarettes costs €11
A pint of 5% alcohol beer costs €5
Disel costs are based on the size of an average Ford Focus car (55 litres)

Budget2017:

No change in excise duties on alcohol, petrol or diesel.
50c was added to the price of a 20 pack of cigarettes.

Tagged with: budget2015

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