What will be the excise duty rates in Gibraltar under the 2026 UK/EU Treaty?

Short answer

EU minimum excise rates apply at entry into force on tobacco and alcohol. A retail price differential mechanism with Spain of EUR 0.80 or 15% applies to cigarettes. No excise duties on fuel for the first three years. After those first three years, all excise goods will be subject to a rate that can be no lower than 6% from the rates applied by Spain.