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Posted by nelson on August 08, 2017

Tobacco faces yet another price hike, due next year, as part of the government’s strategy to increase only ‘indirect’ taxes, so that citizens have a ‘choice’.

The latest price increase will see the tax on cigarette representing 80% of their sale price, explain reports.

The 0.9% hike is the first to come since 2016 when sales of tobacco saw the Treasury rake in over €1.5 billion in tax.

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