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Most packets of cigarettes will now cost €15 after 50c tax hike

This is the sixth year in a row the price has increased by that amount.

Image: Shutterstock

A PACKET OF cigarettes will now cost an extra 50 cent.

The increase was announced this afternoon as part of Budget 2022.

This is the sixth year in a row the excise duty on a packet of 20 cigarettes has been increased by that amount.

Smokers can now expect to pay €15 for a packet in the most popular price category.

Minister for Finance Paschal Donohoe described the increase as a way of supporting Ireland’s public health policy to reduce smoking in society.

There will be a pro-rata increase on other tobacco products.

The increase is expected to be worth €56 million to the exchequer.

The Irish Heart Foundation said today’s announcement fell short of what is required to tackle an upsurge in tobacco use among young people.

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The organisation had previously called for the price of a packet of cigarettes to rise to €20 by 2025, which a €2 hike this year, and an excise tax on e-cigarette liquid of 6c.

Retailers Against Smuggling raised concerns that today’s price hike would fuel cigarette smuggling.

About the author:

Nicky Ryan

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