Cigarettes will get much more expensive next year



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Tobacco products will become much more expensive next year, writes 24.hu, after parliament voted on the fall tax package.

Thus, a price increase is expected in January and April 2021, which will increase the price of cigarettes for an average box from 1,400 to 1,626 guilders in spring, provided that production costs do not increase.

The European Union can do all of this, as the 2011 tobacco tax rules require excise duties on tobacco products to reach the minimum level required by the Union next year.

The excise duty increases are necessary for Hungary to meet the minimum requirement of the 2011 European Union Tobacco Tax Directive, i.e. that the excise duty on tobacco products reaches the minimum level required by the EU .

The excise duty burden on a case of cigarettes is currently HUF 690, which will increase to HUF 890 in two steps by April, on average.

The level of excise duty will also increase for almost all other tobacco products: for cigars, cigars and fine-cut tobacco by 14%, the tax rate for fillers will also increase by 50%, and the tax rate for smokeless tobacco products and tobacco substitutes that contain nicotine. 23 percent. (24.hu)

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