Overview
- The flat levy covers nicotine and non‑nicotine liquids, with VAT lifting the effective impact to £2.64 per 10ml.
- The government forecasts receipts of £135 million in 2026–27, rising to £565 million by 2030–31.
- CBD vape liquids are in scope, and a Vaping Duty Stamp will be required from April 2027 with civil or criminal penalties for breaches.
- HMRC is urging businesses to prepare via guidance on GOV.UK to ensure a smooth transition.
- HMRC frames the policy as reducing affordability for non‑smokers and young people, while industry groups led by the UKVIA warn the cheapest 10ml bottles could jump from about 99p to £3.83.