Cigarettes Will Rise Again: Excise Taxes Will Hit Tobacco Prices from April 1.


From April 1, cigarette prices in Ukraine may rise due to increased tax burdens. The State Tax Service has set a coefficient of 1.1 for all types of cigarettes, which will force manufacturers to raise prices for consumers.
According to official data, the share of tax obligations in cigarette prices in 2024 was 55.8%, which is below the established level of 60%. This led to the decision to increase excise duties on tobacco products. Companies involved in the production and import of cigarettes will have to take tax changes into account in their declarations.
This news about the rise in cigarette prices has caused concern in Ukraine. Previously, prices for some vegetables, such as potatoes, carrots, and garlic, had already increased in various regions of the country.
Read also
- The court obliged the Pension Fund to pay special pensions of 35 billion: who will receive the money
- Nova Poshta will reward bonuses for parcels: who and how can receive them
- A new system of specialized education is starting in Ukraine: what to expect for students
- June Payments: The Pension Fund Appeals to Ukrainians Regarding Pension, Subsidy, and Sick Leave Payments
- Supermarkets have set new prices for borscht vegetables: how much cabbage, potatoes, onions, carrots, and beets cost
- Drivers were explained when they can not show their military ID to the police