Do you want to bookmark your favorite articles and stories to read or refer to later? Start your freelance membership today. Join today Already a member? Sign in Get Morning Headlines’ free email to receive news from our reporters around the world. Subscribe to our free Morning Headlines email. Subscribe to our free Morning Headlines email. A new tax on vaping has come into effect as part of targeted efforts to reduce the habit’s appeal to children and non-smokers. Tax on vaping products is set at £2.20 per 10ml of vaping liquid, whether or not it contains nicotine, and must be paid by HM approved manufacturers, importers and warehouse operators. Revenue and Customs (HMRC). It will be up to these operators to decide whether to pass on the additional cost of taxes to merchants and consumers. HMRC has also introduced the Vaping Tax Stamp Scheme, which it hopes will offer full traceability across the supply chain to increase consumer protection and support major businesses against illegal trade. A six-month grace period is being provided to give wholesalers and retailers time to sell off existing stock before each vaping product sold in the UK requires a valid April 1 vaping tax stamp. Tobacco tax rates have also been increased to preserve the financial incentive for existing smokers to switch to vaping, rising by £2.20 per 100 cigarettes or 50 grams of tobacco alongside the standard tobacco tax escalator. Paymaster General James Murray spoke about the new tax (Aaron Chown/PA) (PA Wire) Updated allowances for travelers entering Britain from October 1 allow people to bring in up to 50ml of vaping liquid for personal consumption without incurring Duty or Duty. Any volume exceeding this limit must be declared and duties paid in full. James Murray, Financial Secretary to the Treasury and Paymaster-General, said: “Our new measures will help remove illicit vapes from high streets across the country.” To quit smoking, children and non-smokers should never vape. “These measures are an important step in our ambition to tackle youth vaping by reducing the affordability of vaping products, which goes hand in hand with the work we are already doing to address the appeal and availability of vapes on our high streets.” “If we want to talk about duty, how about the government’s duty to protect one of the most effective tools available to adults trying to quit smoking?” policy is trying to achieve.”
