Tobacco duty uprating

Are you still smoking traditional tobacco? It may be worthwhile making the switch not only for your health but for your wallet!

The prices of cigarettes are increasing by 4% and the price of hand rolling tobacco is increasing by 6% on Monday the 16th of November.


‘The Government is announcing the uprating of tobacco duties to protect the public finances, continue the drive to reduce smoking prevalence, and support the Government’s target for a smoke-free England by 2030. In line with the existing escalator, duty rates on all tobacco products will increase by RPI + 2%. In order to narrow the gap between hand-rolling tobacco (HRT) and cigarette duty rates and ensure the Minimum Excise Tax (MET) continues to be effective in the current market, HRT will increase by RPI + 6% and the MET by RPI + 4%. The Treasury is laying an Order before the House to enact these changes, which will take effect on 16 November.’ - Jesse Norman, The Financial Secretary to the Treasury [1]


This means that you will be spending even more on a habit that could be exchanged for an alternative that is at least 95% less harmful[2] than traditional tobacco and not to mention much cheaper.

We find that customers that were smoking 20 cigarettes per day save £3386.28 per year, that’s £282.19 each month* that you could be spending (or saving) towards something much better.

Find out how much you could be saving using the NHS Savings Calculator here.


If you are ready to make the switch why not speak to one of our helpful team members in-store who will be able to guide you through choosing a suitable device and e-liquids for your needs. Alternatively, why not take a look at our extensive range of e-cigarette starter kits which have been selected and designed for beginners in mind.

 

 

*Savings based on an average cost of 6 bottles of VO e-liquid purchased as part of a multi-deal and 2 coils per month. Personal consumption may vary.


Ref. 

[1] https://questions-statements.parliament.uk/written-statements/detail/2020-11-12/hcws572

[2] https://www.gov.uk/government/news/e-cigarettes-around-95-less-harmful-than-tobacco-estimates-landmark-review