The Guardian

Campaigners call for tobacco windfall tax and yearly surcharges on ‘lethal trade’

Campaigners call for tobacco windfall tax and yearly surcharges on ‘lethal trade’



Rachel Reeves urged to levy ‘double whammy’ on firms’ £1bn annual profits to fund measures to end smokingDoctors and health charities have urged Rachel Reeves to hit tobacco firms with a financial double whammy, including a windfall tax in the budget, to help fund Labour’s drive to eradicate smoking.They are suggesting a one-off £74m surcharge and a new £700m-a-year permanent levy on the industry’s “obscene” profits from selling its lethal products. Continue reading…



Source link : https://www.theguardian.com/society/2024/oct/07/campaigners-call-for-tobacco-windfall-tax-and-yearly-surcharges-on-lethal-trade

Author : Denis Campbell Health policy editor

Publish date : 2024-10-07 18:05:06

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