Ireland Considers Introducing e-cigarette Tax in Upcoming Budget

Aug.02.2024
Ireland Considers Introducing e-cigarette Tax in Upcoming Budget
Ireland's Finance Minister suggests e-cigarette tax may be introduced in upcoming budgets, with rates expected to rise in the future.

According to a report by Newstalk on August 1st, the Irish Finance Minister has stated that an e-cigarette tax is "highly likely" to be introduced in the upcoming budget, with the possibility of increasing tax rates in the coming years.


Last year, the then Minister for Finance, Michael McGrath, announced that a "domestic tax" would be levied "considering the public health interests". He stated at the time that "considerable preparation work" would be needed in drafting legislation for e-cigarette taxation.


It is believed that the government may wait for instructions from the European Union before imposing tariffs on these products.


The new Finance Minister Jack Chambers stated that work is underway to advance the measure.


We plan to make progress in this year's budget. The tax department and finance department are working together to research how to achieve this goal.


The minister stated that he hopes to implement a tax on e-cigarettes.


Apparently, I will further clarify the information on budget day, but I hope to implement Minister McGrath's commitments for next year.


We are researching the details and technical issues on how to achieve this goal by 2025.


Minister Qian Bo said that they are "working hard to study more detailed information" to understand specifically how it will work.


When asked if the measure would definitely be implemented in the 2025 budget, the minister replied, "I can say that it is very likely.


The minister said that any such e-cigarette tax must take into consideration multiple factors.


Europe is also undergoing changes, and the set tax rates must take into account the impact on e-cigarette smuggling or illegal trade.


I expect that once this tax is introduced in a specific budget, it will gradually increase over the coming years.


As for whether it will reach the same tax rate as cigarettes, this is clearly a question that needs to be determined by future governments and future ministers.


According to reports, Ireland has sold 26.3 million disposable e-cigarette products in just the first four months of 2023, a significant increase from the 5.6 million e-cigarettes sold in all of 2022.


We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Taking Flight: How Kardinal Builds a Global Vape Brand from Southeast Asia
Taking Flight: How Kardinal Builds a Global Vape Brand from Southeast Asia
Founded in Malaysia, Kardinal quickly rose to global prominence with its user-focused design and high-quality products. Flagship devices like Quik 6000 and Quikpro have won international acclaim. The brand is now expanding into Southeast Asia, the Middle East, and Latin America, steadily building its global footprint.
Jun.27
Retraction Statement Regarding the Article: “2Firsts Investigation | U.S. Tightens E-Cigarette Enforcement, Disrupting China Air Shipments — Industry Estimates $78 Million in Goods Seized in Six Months”
Retraction Statement Regarding the Article: “2Firsts Investigation | U.S. Tightens E-Cigarette Enforcement, Disrupting China Air Shipments — Industry Estimates $78 Million in Goods Seized in Six Months”
Retraction Statement.
Jul.15
Illegal tobacco accounts for 50% of the market in Australia
Illegal tobacco accounts for 50% of the market in Australia
Illegal tobacco trade in Australia reaches more than 50%, prompting concerns over policy failures and rising organized crime.
Aug.07 by 2FIRSTS.ai
California, USA plans to introduce a draft "flavorless tobacco list" – only products identified on the list can be legally sold
California, USA plans to introduce a draft "flavorless tobacco list" – only products identified on the list can be legally sold
The Office of the Attorney General of California, USA, has released a draft regulation proposing the establishment of a "Unflavored Tobacco List" (UTL) as a supporting measure for the ban on the sale of flavored tobacco. The draft requires manufacturers and importers to apply individually for each product, pay an application fee of $300 per product, and submit packaging, ingredients, FDA approval status, and physical samples. Products not included in the list will be prohibited from retail sales
Aug.11 by 2FIRSTS.ai
Product | HAYATI Launches Nicotine Pouches with Cooling Flavors, Targeting UK and UAE Markets
Product | HAYATI Launches Nicotine Pouches with Cooling Flavors, Targeting UK and UAE Markets
HAYATI has launched HAYATI NIC POUCHES, offering nicotine strengths from 6mg to 30mg and a range of cooling “ice” flavors, now available in the UK and UAE markets. Its open-system sub-brand QUOKKA has also debuted on the official website, with the parent company filing related trademarks.
Jul.17 by 2FIRSTS.ai
Caixin Reports: Yiling’s Atomizer Sparks Public Concern as Experts Call for Stronger Oversight
Caixin Reports: Yiling’s Atomizer Sparks Public Concern as Experts Call for Stronger Oversight
Caixin reports that a Yiling Pharmaceutical subsidiary’s atomizer, resembling an e-cigarette, has sparked public concern. Experts classify herbal atomizers as e-cigarettes and call for stricter oversight. China’s tobacco regulator has confirmed such products fall under e-cigarette rules and pledged to maintain strict enforcement.
Jul.31