Black market blues: why the UK must close the tax gap on tobacco, fuel and alcohol

April 11, 2012 12:50 PM

Writing for The Commentator, Emma Boon explains that as long as taxes on tobacco, fuel and alcohol are high, the Government will fail to tackle the serious and growing problem that is the illicit market.
A few weeks ago nearly 50,000 illegal cigarettes and 50kg of hand rolling tobacco worth £19,000 were seized by HM Revenue and Customs (HMRC) in a series of raids on shops in Derby. That haul represents just one small part of a huge illicit market operating in Britain. It’s a constant battle for HMRC to try and stay one step ahead of the smugglers and their activities, which are costing taxpayers billions.

Click here to read the full article on The Commentator

Writing for The Commentator, Emma Boon explains that as long as taxes on tobacco, fuel and alcohol are high, the Government will fail to tackle the serious and growing problem that is the illicit market.
A few weeks ago nearly 50,000 illegal cigarettes and 50kg of hand rolling tobacco worth £19,000 were seized by HM Revenue and Customs (HMRC) in a series of raids on shops in Derby. That haul represents just one small part of a huge illicit market operating in Britain. It’s a constant battle for HMRC to try and stay one step ahead of the smugglers and their activities, which are costing taxpayers billions.

Click here to read the full article on The Commentator

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