Tobacco: Counterfeit Manufacturing
The question
To ask the Chancellor of the Exchequer, what estimate her Department has made of the value of the counterfeit cigarette market.
Answered by James Murray
HMRC estimated that the illicit tobacco market cost £2.2bn in lost excise duty and VAT for the year 2022/23. Cigarettes account for £0.7bn of this amount. We do not have an estimate relating to specifically counterfeit cigarettes. Further details can be found in the Measuring Tax Gaps 2024 publication.
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