Tobacco Retailers’ Alliance reveals likely impact of second tobacco tax rise
From: Talking Retail
Illicit tobacco trade cost small retailers about £32,000 each last year, an increase of nearly £1,000, according to research by the Tobacco Retailers’ Alliance.
The survey of 113 TRA members found that 86% of respondent say that if the government raises tobacco taxes for the second time in 2017 it will make it harder for them to stay in business.
In addition, 91% of respondents agree that if the government raises tobacco taxes again their customers will become more likely to buy illegal (untaxed) tobacco from criminals rather than from their shop.
