ACS has responded to new data from HM Revenue and Customs on the prevalence of non-duty paid and illicit products in the UK, reiterating its calls for action to stop rogue traders.
Figures published today (23rd June) show that the tax gap (duty and VAT combined) driven by illicit cigarettes and tobacco stands at £1.3bn in 2024 to 2025, with the alcohol tax gap sitting at £0.8bn. There are no official estimates from HM Revenue and Customs of the VAT lost on vaping products, although a due on vaping products will be introduced in October this year.
