These calculations exclude additional costs such as higher life insurance premiums, increased healthcare expenses, reduced property values due to smoking damage, and lost productivity from smoking breaks and illness
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The Minimum Excise Tax (MET), introduced in 2017, sets a floor on the total tax per 1,000 cigarettes to prevent manufacturers from selling ultra-cheap brands
Younger age groups have shown significant declines in smoking rates over the years
"BrandLark - Cigarettes Pedia"
As for the UK, we might expect to see a greater reduction in the number of smokers as compared with Australia due to our higher smoking prevalence (approximately 21% as compared with 13%) and our larger population (65.5 million as compared with 23.5 million)
