Finance (No. 2) Act 2023

320 Rates of tobacco products duty

(1) In Schedule 1 to TDPA 1979 (table of rates of tobacco products duty), for the Table substitute—

“TABLE

1 Cigarettes	An amount equal to the higher of— (a) 16.5% of the retail price plus £294.72 per thousand cigarettes, or (b) £393.45 per thousand cigarettes.
2 Cigars	£367.61 per kilogram
3 Hand-rolling tobacco	£351.03 per kilogram
4 Other smoking tobacco and chewing tobacco	£161.62 per kilogram
5 Tobacco for heating	£302.93 per kilogram”

(2) In consequence of the provision made by subsection (1), in Schedule 2 to the Travellers’ Allowances Order 1994 (which provides in certain circumstances for a simplified calculation of excise duty on goods brought into Great Britain)—

(a) in the entry relating to cigarettes, for “£347.86” substitute “£393.45”,

(b) in the entry relating to hand rolling tobacco, for “£302.34” substitute “£351.03”,

(c) in the entry relating to other smoking tobacco and chewing tobacco, for “£144.17” substitute “£161.62”,

(d) in the entry relating to cigars, for “£327.92” substitute “£367.61”,

(e) in the entry relating to cigarillos, for “£327.92” substitute “£367.61”, and

(f) in the entry relating to tobacco for heating, for “£81.07” substitute “£90.88”.

(3) The amendments made by this section are treated as having come into force at 6pm on 15 March 2023.