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=10th March 2024=
=== UK Vaping Products Duty Public Consultation Launched ===
The UK government are to introduce a vape tax – otherwise known as the “Vaping Products Duty“. More here on [[Ecigclick]] : https://www.ecigclick.co.uk/uk-vaping-products-duty-consultation/[[File:Nicotine-tax-examples3.jpg|thumb|alt=Image showing e-liquid prices with new tax applied|Vape Tax Examples]]
A public consultation has been launched which will gather views on the tax proposals and their structure.
I '''urge''' all UK vapers and those in the vape industry – especially retailers – to take part and help amend this extortionate policy to something more suitable.
As a principle the addition of tax is understandable. But I think the level of taxation is far too heavy and – to put it mildly – it is greedy.
For instance in the image you can see examples of how a 10ml bottle of 20mg nicotine strength e-liquid which currently retails for £3.99 will increase to £6.99 once the tax is applied. Also a 100ml bottle of nicotine free (shortfill) e-liquid which is currently £9.99 will increase to double the price at £19.99 with the new tax (£1 per 10ml). It is shocking.
==== How To Take Part ====
You can view the summary document here https://assets.publishing.service.gov.uk/media/65e80ba108eef600115a5621/Vaping_Products_Duty_Consultation.pdf, it covers the background of the proposals and lists the questions which will be included in the consultation.
When responding ask yourself these questions…
* Will this put you off vaping and make you return to smoking?
* Will you buy e-liquids from the Black Market (i.e. no tax applied?)
* If you need high nicotine strengths will you have to cut down to a lower strength thus risking your attempt to stay away from tobacco?
* If you are considering switching from tobacco to vaping – is this increase in price less of an incentive to switch?
* Do you agree with the tax? If so would a more reasonable rate (i.e. £1 per bottle regardless of strength or volume) be acceptable?
* Will this system stop underage vapers?
* Will this be damaging to your business (retailers)?
* How much will it cost you to implement the new tax (retailers), i.e. altering displays, repricing stock, amending POS systems?
To send your response download the response form in Word format here https://assets.publishing.service.gov.uk/media/65eb1e4a3649a2c772ed63a3/Consultation_response_template.docx.
Then email the completed form to [mailto:Vapingproductsduty@hmrc.gov.uk vapingproductsduty@hmrc.gov.uk] with “Vaping Products Duty consultation response” as the subject.
If you want to comment further or discuss topics in more depth, written submissions are also accepted.
Make sure to respond by the 29th May 2024.


=6th March 2024=
=6th March 2024=