They're worth their weight in gold.
A pack of Windsor cigarettes, for instance, currently priced at about £5.13 will now cost £5.63, with 88% of its retail price going to the Treasury in either VAT or duty. A pack of premium cigarettes, such as Silk Cut or Benson & Hedges, will increase from £6.62 to £6.95.
Five years ago the average price of a pack of cigarettes was £4.64, suggesting the cost of smoking has increased by nearly 50% over the last five years. In addition, the cost of a packet of hand-rolling tobacco rose by a significant 67p to about £6.67, a pack of 5 small cigars rose 10p and a pack of pipe tobacco rose 17p.
Either pack it in or move to a country that charges less for its cigarettes. Asian graspers are usually under a quid for a pack of twenty.
From 18:00 yesterday, duty on tobacco rose by 2% above inflation. On top of this, a wider restructuring of duty added 50p to the price of a packet of economy cigarettes and 33p to premium cigarettes, meaning that poorer smokers will be disproportionately affected.
A pack of Windsor cigarettes, for instance, currently priced at about £5.13 will now cost £5.63, with 88% of its retail price going to the Treasury in either VAT or duty. A pack of premium cigarettes, such as Silk Cut or Benson & Hedges, will increase from £6.62 to £6.95.
Five years ago the average price of a pack of cigarettes was £4.64, suggesting the cost of smoking has increased by nearly 50% over the last five years. In addition, the cost of a packet of hand-rolling tobacco rose by a significant 67p to about £6.67, a pack of 5 small cigars rose 10p and a pack of pipe tobacco rose 17p.
Either pack it in or move to a country that charges less for its cigarettes. Asian graspers are usually under a quid for a pack of twenty.
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