Saturday, January 11, 2025

Is vaping bad for you, and how are the rules changing?

Vaping products are already subject to 20% VAT but, unlike tobacco, they do not attract a separate additional tax.

As part of the Autumn Budget, Chancellor Rachel Reeves announced that a vaping products duty will start on 1 October 2026.

It will be charged at a flat rate of £2.20 per 10ml vaping liquid.

At the same time, tobacco duty will be increased to preserve the financial incentive to switch to vaping.

https://aiearth.us/government/is-vaping-bad-for-you-and-how-are-the-rules-changing/

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