E-Cigs here to stay

[maccafan]

www2.journalnow.com/business/2012/may/27/wssunbiz01-electronic-cigarettes-important-new-nic-ar-2310136/

But we already knew that..

[Gaz1888]

This is why we wanted you back macca.. You always post good, interesting articles

[gjdart]

Better enjoy while we can.. when the big boys jump on the band wagon it's a sure thing the cost of everything will go sky high !!! >

[Karma]

May 27, 2012 20:20:27 GMT gjdart said:

Better enjoy while we can.. when the big boys jump on the band wagon it's a sure thing the cost of everything will go sky high !!! >

Stock up now, run ................

[farzooks]

The price will go way up - not just from profit-taking but from taxation. I don't see it lasting another five years without duty being imposed. Without duty, a pack of fags is what - 2 quid?

[Anne (fuzzy)]

I think the profit on fags is 80% or thereabouts.

[domesticextremist]

Jun 14, 2012 23:20:55 GMT farzooks said:

The price will go way up - not just from profit-taking but from taxation. I don't see it lasting another five years without duty being imposed. Without duty, a pack of fags is what - 2 quid?

The real cost of a pack of fags is way less than two quid.

[fagin]

It's going to be difficult to tax. A mod is just a battery holder. Cartos etc are easily available from China, bases are readily available and flavours could be sold as just that, food flavour or something. That just leaves the nicotine part. Just a little bottle - how are they going to trace them?
It's not like container loads of cigarettes.

[OurIan]

Jun 15, 2012 20:37:59 GMT fagin said:

It's going to be difficult to tax. A mod is just a battery holder. Cartos etc are easily available from China, bases are readily available and flavours could be sold as just that, food flavour or something. That just leaves the nicotine part. Just a little bottle - how are they going to trace them?
It's not like container loads of cigarettes.

Sorry to disagree fagin, but vaping is already taxed in the form of vat @ 20%

With regard to a new duty on nicotine liquid it's just a stroke of a pen at number 11 Downing St.

Unfortunately we have to accept that unless we protest the hell out of government, vaping will attract some form of revenue raising quango.

What we don't want to happen is for supplies of nicotine liquid to go underground and start being smuggled into the country, goodness knows what it would contain?

Hopefully the government will see sense when it comes down to taxation of vaping products, but for that we'll just have to wait and see.

[fagin]

I don't think we can count VAT as that's on everything, it's the crazy duties that will hurt, and apart from nicotine juice, it will be impossible to apply higher taxes to all the other bits.
And if juice is taxed heavily, then surely all NRT's will need to be? That should cheer up the drug companies.

[OurIan]

Jun 16, 2012 13:51:51 GMT fagin said:

I don't think we can count VAT as that's on everything, it's the crazy duties that will hurt, and apart from nicotine juice, it will be impossible to apply higher taxes to all the other bits.
And if juice is taxed heavily, then surely all NRT's will need to be? That should cheer up the drug companies.

I agree with you about the crazy duties hurting.

But unfortunately all the government has to do, is label vaping juice containing nicotine as something other than NRT and then impose an extortionate rate of tax on it.

Once some government sponsored laboratory has proved that vaping is bad for your health? They'll have all the ammunition they need to impose that extortionate duty.

[Deleted]

And in the mean time

[foxy9212]

OurIan; it's not our Government we have to worry about so much as the EU Parliament that, for reasons best known to itself, seems determined to bring about the end of the e-cigarette (or at least they were working to that end this time last year). There was a proposal on the table to ban the cross-border sale of e-cig paraphernalia (including liquid), a ban on carriers including postal services conveying it and card companies facilitating its purchase. In the face of that, choices for we vapers would be limited to say the least. Our Gov have already reduced our (legal) choice on importing from outside the EU by reducing the import limit from £18 including postage to £15 excluding postage, at the same time placing liability on sellers as well as purchasers. (please correct me if I've misread the rules and regs).

I'm expecting a couple of large organizations (be it tobacco or pharmas) to take over the e-cig world in the not too distant future - I hope I'm wrong.

Fox

[Deleted]

We know already that tobacco companies are already investing in e-cigs ,