Wednesday 26 April 2017

Michael Noonan signals potential hike in the price of cigarettes in next month’s budget

He admitted that raising duties on tobacco cannot be ruled out.
He admitted that raising duties on tobacco cannot be ruled out.

Niall O'Connor and Philip Ryan

FINANCE Minister Michael Noonan has signalled a potential hike in the price of cigarettes in next month’s budget.

Mr Noonan insisted the Government will avoid increasing taxes on workers, but admitted that raising duties on tobacco cannot be ruled out.

“We may raise some taxes, obviously on health grounds. There's always an interest in raising duty on tobacco. We won't rule it out completely,” Mr Noonan said.

Speaking at the Fine Gael think-in in Limerick, Mr Noonan said October’s Budget will be framed to ensure it reaches “every door of every household in the country”.

The Fine Gael politician spoke of plans to introduce major housing and childcare programmes, as well as measures aimed at making it easier to women to re-enter the workforce.

There will also be a heavy emphasis in the Budget on cutting taxes for the self--employed, Mr Noonan said.

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