47. Amendment of Schedule 2 to Finance Act 2005 (rates of tobacco products tax)
The Finance Act 2005 is amended with effect as on and from 28 September 2022 by the substitution of the following Schedule for Schedule 2 to that Act:
"SCHEDULE 2 RATES OF TOBACCO PRODUCTS TAX
(With effect as on and from 28 September 2022)
|
Description of Product |
Rate of Tax |
|
Cigarettes .... .... .... .... Cigars .... .... .... .... Fine-cut tobacco for the rolling of cigarettes .... .... .... .... Other smoking tobacco .... .... .... .... |
Rate of tax at - (a) except where paragraph (b) applies, €402.32 per thousand together with an amount equal to 8.73 per cent of the price at which the cigarettes are sold by retail, or (b) €452.52 per thousand in respect of cigarettes sold by retail where the rate of tax would be less than that rate had the rate been calculated in accordance with paragraph (a). Rate of tax at €454.071 per kilogram. Rate of tax at €436.842 per kilogram. Rate of tax at €315.014 per kilogram. |
".