HMRC has introduced a Vaping Products Duty alongside a mandatory Vaping Duty Stamps Scheme designed to regulate the vaping market. The scheme affects manufacturers, importers, and distributors of vaping products who must understand their obligations and compliance requirements. Businesses involved in the vaping sector should review the guidance to determine how the duty and stamping requirements will apply to their operations.
Source: HMRC (GOV.UK) – Read the original