News > Jeremy Hunt announces new tax on vapes in crackdown on smoking
Jeremy Hunt announces new tax on vapes in crackdown on smoking
06/03/2024 10:57 PM | Click to read full article
Jeremy Hunt said it would take effect from October 2026. The government in November last year made plans for a “smoke-free” generation by banning tobacco products for children turning 14 or younger. The tax would apply to the liquid in vapes, with an additional higher tax for any products that contained more nicotine. Under current rules, vapes are subject to VAT but not a specific tax like normal cigarettes are.