To ask the Chancellor of the Exchequer, what assessment HMRC has made of the potential merits of using alternative data sources on smoking incidence to calculate tobacco tax estimates.
The tobacco duty forecast starts by generating an in-year estimate for receipts in the current year based on the year-to-date performance of receipts. Future tobacco duty receipts are then forecast from that starting point based on inflation (CPI and RPI)...
Tobacco: Excise Duties