Eight Eastbourne vape shops lose business rates reliefs in Budget
Summary
Eight vape shops in Eastbourne are set to lose certain business rates reliefs following the Budget announced by Chancellor John Healey on Wednesday, October 29. This comes four weeks after the new Vaping Products Duty, which charges £2.20 per 10ml of vaping liquid, was introduced on October 1. The Government says the move aims to "clean up and strengthen our high streets" by targeting support toward businesses that help local communities thrive. Adult gaming centres will also lose certain reliefs. Shane Margereson, founder of online vape shop Ecigone, warned that vapers have already seen price increases and that losing rates relief adds further costs for high street vape shops, most of which are small local businesses helping adults quit smoking. He expressed concern that higher costs for legal shops could make illegal vapes appear cheaper, and advised vapers to shop around, stick to UK-registered sellers, and consider refillable kits.
(Source:Sussexworld)