Darwen distributor among first in UK to gain approval for new vaping duty scheme
Summary
VB Distribution, a Darwen-based distributor, has secured HMRC approval under the UK’s new vaping duty scheme that will take effect on 1 October. The approval allows the company to supply vaping products that meet the new tax rules from the day the duty starts, and it can purchase the required duty stamps before 31 August to stock up in advance. With HMRC‑approved warehousing, VB Distribution can pay the duty when products leave its warehouses rather than upon arrival, simplifying compliance for retailers and wholesalers. The firm supplies vaping items to over 50,000 retail outlets across the UK and operates 100,000 square feet of approved warehouse space, positioning it to support the industry through the transition.
(Source:Lancashire Telegraph)