“The UK Vaping Industry Association (UKVIA) is calling on the government to consider a similar VAT rate for vaping to that currently applied to nicotine replacement therapies (NRT). The letter points to the recent Public Health England (PHE) Vaping in England Report which found that when vaping products were used in an attempt to quit, either alone or with licensed medication, success rates were comparable to, if not higher than, licensed medication alone. It highlights the current VAT gap between NRT products (5%) and vaping (the full 20% VAT and the same as conventional cigarettes) despite the fact that e-cigarettes, while not a cessation product, have significant potential to have a positive impact on public health. This is backed up by research commissioned by the NHS last year which revealed that e-cigs are twice as effective as nicotine patches, gum or sprays for quitting smoking.”
ARTICLE LINK:
UKVIA urges chancellor to level playing field between vaping and nicotine replacement products
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