questionText: To ask the Chancellor of the Exchequer, whether (a) her Department and (b) the Office for Budget Responsibility has made an assessment of a potential Laffer Curve effect relating to (i) tobacco and (ii) alcohol duties.
answerText: Under the assumptions used in tobacco and alcohol costings certified by the Office for Budget Responsibility at Spring Budget 2024, increasing tobacco and alcohol duties increases overall duty receipts.
heading: Tobacco: Excise Duties