Section 56 Rates

(1)

TPDA 1979 is amended as follows.

(2)

For the table in Schedule 1 substitute—

TABLE
1 Cigarettes
An amount equal to the higher of—
16.5% of the retail price plus £228.29 per thousand cigarettes, or
£293.95 per thousand cigarettes.
2 Cigars £284.76 per kilogram
3 Hand-rolling tobacco £234.65 per kilogram
4 Other smoking tobacco and chewing tobacco £125.20 per kilogram

(3)

The amendment made by this section is treated as having come into force at 6pm on 29 October 2018.

1 Cigarettes	An amount equal to the higher of— 16.5% of the retail price plus £228.29 per thousand cigarettes, or £293.95 per thousand cigarettes.
2 Cigars	£284.76 per kilogram
3 Hand-rolling tobacco	£234.65 per kilogram
4 Other smoking tobacco and chewing tobacco	£125.20 per kilogram