Home News New tax on vape liquids on anvil: report

New tax on vape liquids on anvil: report

January 1, 2024

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The government is planning to introduce new tax on vape liquids, The Sunday Mirror has reported.

The proposed tax, set to introduced in the budget in Match, will raise the prices by a least a quarter, the report added.

The paper said the ministers “keen to push ahead with the tax” to prevent children buying vapes.

The government has recently consulted on plans to reduce the appeal and availability of vapes to children, proposing restrictions on the sale of disposable vapes, ‘child-friendly’ vape flavours and packaging and the display in retail outlets.

The consultation also included plans to introduce a new law to stop children who turn 14 this year and younger from ever legally being sold cigarettes in England.

The government has said it wants to encourage people who smoke cigarettes to switch to vaping, whilst discouraging non-smokers – particularly children – from starting vaping.

Kiran Paul
By Kiran Paul
With a background that spans both the agility of startup environments and the established presence of Asian Media Group, Kiran tries to bring a well-rounded perspective to his work. His career as a journalist began at a dynamic news startup, where he honed his reporting and storytelling skills for five years, gaining valuable experience in a fast-paced and evolving media landscape. Since 2018, he has been contributing to Asian Trader, where a standout feature of his work has been his in-depth interviews with award-winning retailers, which he transforms into insightful profiles that appear in each issue. Since 2021, he has also been at the helm of the sister title, Vape Business.