Tuesday, November 15, 2016

Sin taxes on alcohol and tobacco have cost the Treasury £31bn, analysis finds

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Around £31.6 billion of tax revenue has been lost because of the illicit market in spirits, beer, wine, cigarettes, rolling tobacco and diesel, according to the analysis of HMRC figures by the TaxPayers’ Alliance. The high taxes on alcohol and tobacco s

The post Sin taxes on alcohol and tobacco have cost the Treasury £31bn, analysis finds appeared first on The Center.



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