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
- Iran is urgently exporting oil: Bloomberg learned what is happening
- The exchange rate will surprise: how much Ukrainians will have to pay for 100 dollars by the end of the year
- Pensions do not cover even utilities and transportation: how much do Ukrainians really receive
- NBC learned who Trump consults regarding Iran
- The situation is complex: the minister of energy addressed Ukrainians with an important statement
- 'Not planning to lose': Putin's aides speak of advantage in the war against Ukraine