HMRC Urges UK Firms to Apply for Vaping Duty
Summary
HM Revenue and Customs (HMRC) is urging UK vaping product manufacturers, importers, and warehousekeepers to apply for approval under the new Vaping Products Duty (VPD) and Vaping Duty Stamps (VDS) Scheme. Applications opened on April 1, 2026, and registration is crucial for businesses to continue legal trading from October 1, 2026. The duty will be a flat rate on all vaping liquids, and duty stamps will be required on retail packaging. The government anticipates the new duty will raise over £550 million annually by 2030-31, supporting public services and contributing to a smoke-free generation by discouraging youth vaping. Detailed guidance is available on GOV.UK, outlining key dates, responsibilities, and compliance requirements.
(Source:Mirage News)