No excise tax hikes planned for next year

The Ministry of Finance has no plans to raise excise tax for alcohol or for tobacco products, Deputy Finance Minister Jacek Kapica said on Wednesday.

 

“We are not planning another hike of excise duty on ethyl alcohol next year,” Kapica said. He explained that the hike that came into force this year was due to inflation-related adjustments.

 

“Of course in the future further hikes are possible,” he however added.

 

“In the case of tobacco product excise duty, we have already reached the minimal levels required by the EU, we have even slightly surpassed them,” Kapica also said.

 

The EU regulations state that excise duty should be between 60 percent of the weighed average price of cigarettes but no more than €90 per 1,000 cigarettes. Poland was supposed to reach that level before 2018.