The UK government plans a new vaping tax targeting high-nicotine liquids, aiming to increase smoking taxes to make vaping cheaper and protect children's health.
The UK government is considering a new vaping tax in the upcoming budget, targeting the liquid in vapes with higher tax rates for products with more nicotine. The government aims to increase the tax on smoking, making it more expensive than vaping, and to protect children's health by tackling vaping usage among them. This new tax, along with higher tobacco duty, could potentially raise around £500 million annually.
February 27, 2024
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