Written By: mickysavage - Date published: 9:36 am, January 25th, 2024 - 63 commentsCategories: health, nz first, Social issues, Tobacco, uncategorized - Tags:British American Tobacco will be pleased. Currently the tax on tobacco increases by the rate of inflation. Currently, tobacco excise is increased each year in line with the Consumer Price Index (CPI). RNZ has learned Costello is proposing a three year freeze on CPI-related excise increases for smoked tobacco. “The additional information you provided to us proposed also to freeze the excise on smoked tobacco for three years,” the document says.

Source: Stuff January 25, 2024 08:41 UTC