Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      FTSE 100 Live: Stocks set for cautious gains as investors weigh up US-Iran deal

      Breaking news concept with a dynamic world map, digital data streams, and futuristic technology elements

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      2026 World Cup: How England went from misery to magnet for blue chip brands

      Business professionals discussing strategy in a modern office with charts and graphs on a digital display in the background

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Old Pulteney releases 50-year-old whisky for 200th anniversary

      Old Pulteney 50-Year-Old single malt Scotch whisky bottle with elegant packaging on display, highlighting luxury and craft...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Sunday 27 November 2022 12:04 pm  |  Updated:  Sunday 27 November 2022 6:17 pm

EU to introduce bloc-wide vaping levy

By: Leah Montebello

Add as a preferred source on Google
The largest single shareholder in Chill Brands Group is seeking the removal of two top executives.
The largest single shareholder in Chill Brands Group is seeking the removal of two top executives.

The EU is set to introduce a new vaping levy as it revamps the tobacco industry’s tax structures and adapts to the vape boom.

According to a draft European Commission document and first reported by the Financial Times, stronger vaping products would have an excise duty of at least 40 per cent applied, while lower-strength vapes will face a 20 per cent duty.

Heated tobacco products will also be whacked by 55 per cent duty, or a tax rate of €91 per 1,000 items sold.

On top of this, the changes lookto boost the bloc’s minimum excise duty on cigarettes from €1.80 to €3.60 per pack of 20, ending an era of ultra cheap prices across eastern European nations, where packs can sell for under €3.

The EU commission was not immediately available to comment.

The news comes as tobacco alternatives continue to grow in popularity across Europe.

Data from Action on Smoking and Health (ASH) suggested that there are now five times as many vapers in the UK than there were in 2013, with  over four million Brits now actively vaping.

Although Public Health England has said that vaping is “around 95 per cent safer than smoking,” there is still some pushback.

Last week environment and health groups called for the sale of single-use e-cigarettes to be banned in the UK due their “rapidly escalating threat”.

In an open letter to environment secretary and health secretary, 18 organisations, including Green Alliance and RSPCA, argued that disposable vapes are “unnecessary electrical items” that contain single use plastic, nicotine and batteries, all of which are “hazardous to the environment and wildlife when littered”.

The demand follows research from Material Focus earlier this year that showed that at least 1.3m disposable vapes are thrown away every week, equating to two vapes per second, enough to fill 22 football pitches per year.

Read more

£4.5bn black market cigarette tax loss should be ‘a major wake-up call’ for Labour

Getty Images logo displayed on a digital screen, symbolizing media and content licensing in a business context

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Politics

Trending Articles

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • London Tech Week sums up everything wrong with UK tech

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

  • Inflation expectations at record high in interest rates signal

More from CityAM

  • £4.5bn black market cigarette tax loss should be ‘a major wake-up call’ for Labour

    Tax
    Getty Images logo displayed on a digital screen, symbolizing media and content licensing in a business context
  • Imperial Brands warns Iran war may weigh on costs and consumer demand

    Business
    Imperial Brands vape products displayed with declining cigarette sales chart in a business news context
  • British American Tobacco shares slide as cigarette volumes decline

    Business
    British American Tobacco headquarters with falling stock prices graph, reflecting decline in cigarette volumes and share p...
  • Adnams cuts alcohol content across range in beer overhaul

    Hospitality
    Pubs and breweries are closing at an alarming rate
  • Starmer scrambles to limit fuel shortage hit

    Politics
    Sir Keir Starmer discusses fuel supply policies, addressing concerns in a press conference setting, with media presence.
  • Labour’s holiday tax ‘will make staycations more expensive’

    Hospitality
    Blackpool skyline at sunset with iconic tower and bustling promenade, highlighting vibrant seaside town atmosphere
  • Fuller’s slams ‘unprecedented government interference’ in pub sector

    Hospitality
    Simon Emeny, CEO of Fullers, delivers a keynote speech at a business conference, emphasizing leadership and industry insig...
  • ‘Politically toxic’ holiday tax could turn voters against Labour, hospitality leaders warn

    Hospitality
    Blackpool skyline at sunset with iconic tower and bustling promenade, highlighting vibrant seaside town atmosphere
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited