Vape retailers urged to prepare ahead of new duty
Retail Gazette
UK vape retailers must register for a new excise duty regime by October 2026 or risk being unable to trade.Summary
HM Revenue and Customs (HMRC) has urged vaping businesses to register for a new excise duty regime launching in October 2026. The new rules require all vaping products sold in the UK to carry a duty stamp to improve compliance and combat illicit trade. While retailers can sell existing unstamped stock for six months, full compliance is required by April 2027. The duty, set at £2.20 per 10ml of liquid – including non-nicotine products – is part of a broader government strategy to reduce youth vaping and generate tax revenue, potentially raising over £550m annually. HMRC warns that approvals can take at least 45 working days and non-compliance may lead to penalties.
(Source：Retail Gazette)
