“IVG, a subsidiary of Acme Vape Ltd, obtains HMRC authorizations in preparation for significant UK vaping tax update”
businessmole.com
IVG's parent company Acme Vape Ltd secures HMRC approvals to prepare for UK's new vaping tax starting October 2026.Summary
Acme Vape Ltd, the parent company of IVG, has obtained approvals from HM Revenue & Customs (HMRC) for an excise warehouse and the Vaping Duty Stamps Scheme. This preparation is for the upcoming Vaping Products Duty, effective October 1st, 2026, which imposes a flat rate of £2.20 per 10ml on all vaping liquids. The approvals allow the company to manage products under duty suspension and ensure compliance. CEO Ahsan Bawa emphasizes the importance of readiness, and transitional rules permit unstamped products to be sold until March 31st, 2027.
(Source：businessmole.com)
