LATEST ALERTS
The UK will next year introduce one of Europe’s highest taxes for heated tobacco (heat-not-burn) products, following an announcement in the Chancellor’s budget
Our in-depth report finds a Russian e-cigarette market in a state of stagnation, with little change in the number of vapers and a fall in the number of vape stores, while PMI and BAT find a market for their heated tobacco products
Most respondents to the European Commission’s consultation on tobacco excise duties do not want a European tax on e-cigarettes. Almost 70% said the best level of tax on e-cigarettes would be no more than the VAT in each country
Heated-tobacco products are to receive their own taxation category and rate in the UK. A rate and commencement date for the duty on tobacco consumables for heat-not-burn (HnB) products will be announced in the autumn budget
Heated tobacco products generally benefit from a more benign tax regime in Europe than vapour products. Our report examines tax laws in EU countries where HnB products have been launched
The European Commission is considering whether to propose an EU-wide tax on e-cigarettes and heated tobacco products, but may choose not to do so for now, following a public consultation
Heat-not-burn products will become more expensive than combustible cigarettes in South Korea unless manufacturers decide to absorb part of a new tax rise
The effects of taxation on Russia’s e-cig market are likely to include price rises, decreased production of e-liquids with nicotine by larger manufacturers, and growth of the black market
As heated tobacco products pose new questions for regulators, the UK government is holding a public consultation on potential tax regimes.
The UK will launch a consultation on taxation for heat-not-burn products later this year.
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