- At Spring Budget 2024, the previous government announced that it would introduce a new duty on vaping products, following which it ran a consultation on the policy design and technical details.
- There would also be a one-off tobacco duty increase, alongside the implementation of the duty rate on vaping products, to recognise the role vapes and e-cigarettes play in supporting individuals quit smoking. This would result in vapes and e-cigarettes remaining a cheaper alternative to tobacco products.
- Timing: the government issued a summary of responses to the consultation on 30 October 2024, announcing that the duty will take effect from 1 October 2026. The government also issued a further technical consultation on additional compliance measures.
Resources (click to open)
