Finance Act 2017

23Tobacco products duty: minimum excise dutyU.K.

(1)TPDA 1979 is amended as follows.

(2)In section 6(5)(a) (alteration of rates of duty), for “the amount” substitute “ each amount ”.

(3)For the first row in the table in Schedule 1 (as substituted by section 22) substitute—

“1. Cigarettes

An amount equal to the higher of—

(a)

16.5% of the retail price plus £207.99 per thousand cigarettes, or

(b)

£268.63 per thousand cigarettes.

(4)The amendments made by this section are treated as having come into force on 20 May 2017.