UK vapes industry warns of taxing times
Summary
The UKVIA Forum, scheduled for July 13 in London, will bring together industry leaders, regulators, and government officials to discuss the significant impact of the upcoming Vaping Products Duty (VPD). The event aims to address how new regulations, including those potentially covered by the Tobacco & Vapes Act, will affect flavors, packaging, and advertising.
Key discussions will focus on the consequences of the VPD on consumer behavior, smoking cessation efforts, and the illicit market. UKVIA director general John Dunne emphasized that the industry is at a defining moment, seeking a balance where regulation protects young people and combats black market sales without making vaping less accessible or affordable for adult smokers seeking alternatives to cigarettes.
(Source:Scottish Grocer & Convenience Retailer)