What are the new vape rules that have come into force today?
inkl
A new £2.20 per 10ml vaping duty has come into force in the UK to curb youth vaping and combat illegal trade.Summary
A new vaping duty of £2.20 per 10ml of liquid has come into force in the UK to help curb youth vaping and combat illegal trade. The tax applies to manufacturers, importers and HMRC-approved operators, who will decide whether to pass the costs on to retailers and consumers. A six-month grace period has been introduced before all vaping products sold in the UK require a valid vaping duty stamp from 1 April. Tobacco duty has also been raised by £2.20 per 100 cigarettes or 50 grams of tobacco to maintain the financial incentive for smokers to switch. Industry figures warned the tax increase could backfire by driving adults back to smoking, despite government support for the measure.
(Source：inkl)
