Cigarettes and pints up by 10 cent, wine up by 50 cent

If you smoke or drink, enjoy the price for the next nine hours or so – it is rising at midnight.

FROM MIDNIGHT TONIGHT, the price of cigarettes and alcohol will go up.

Budget 2014 was expected to bring increases in excise duty and Michael Noonan today delivered, announcing:

A 10 cent increase on a packet of 20 cigarettes
A 10 cent increase on the price of a pint of beer, cider or a standard measure of spirits
50 cent extra on a 75cl bottle of wine

The move comes after last year’s €1 duty on wine, which raised €45 million in the last year.

Finance Minister Michael Noonan said that he knew that the move would affect vintners, but said that the move “must be considered in the context of the retention of the 9 per cent VAT rate on food and hospitality“.

The Vintners Federation of Ireland called the move “a kick in the teeth”, saying that the move will “put pressure on an already fragile industry”.

Read: LIVEBLOG: Budget 2014 as it happens

Readers like you are keeping these stories free for everyone...

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Learn More Support The Journal

Beer and cigarette Roman Sigaev via Shutterstock

Budget 2014

Author

Paul Hosford

View 89 comments

Send Tip or Correction

89 Comments

Defamation

Damaging the good reputation of someone, slander, or libel.
Racism or Hate speech

An attack on an individual or group based on religion, race, gender, or beliefs.
Trolling or Off-topic

An attempt to derail the discussion.
Inappropriate language

Profanity, obscenity, vulgarity, or slurs.
Spam

Advertising, phishing, scamming, bots, or repetitive posts.
Other

News in 60 seconds