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.
Packages containing syringes of the medications Wegovy, Ozempic and Mounjaro at a shop in Mitte, Germany, July 11, 2024. Picture Alliance | Picture Alliance | Getty Images All doses of Novo Nordisk‘s highly popular weight loss injection Wegovy and diabetes drug Ozempic are now available in the U.S., according to an update on the U.S….
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At least 104 people have been sickened, with 34 hospitalized, in an outbreak of E. coli food poisoning tied to onions served on McDonald’s Quarter Pounder hamburgers, federal health officials said Wednesday. Cases have been detected in 14 states, according to an update from the U.S. Centers for Disease Control and Prevention. One person died…
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One person joked that having the TV doc run Medicare was like “putting Tom Hanks in charge of NASA because he played an astronaut in Apollo 13.” Source link
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