#Topazfrenzy, not so much a controlled decline business anymore like stick sales, as PM recently reported, vaping is a growth sector, fact is any Gov needs the tax revenues they could not function without them, the NZ smoking ban was overturned for this reason..
Vaping regulation and duties are coming, but that in itself controls what will be illegal imports, and opens up the market for regulated taxable products for sale..
Payday on Friday and see how far this runs up to the next XD before Xmas.. :o) |
Vapes have definitely reversed upwards the amount of new nicotine takers, expect millions of future punters, good or bad it will make tobacco companies big money for years to come ..
The nicotine industry was in decline and now it's rising substantially |
She's definitely going to tax vapes. The good thing is that they will rely on the duty for their coffers so will never be able to ban them lol |
Answer to 10057. People voted for this Labour lot. Idiots or not? |
A Trump win next week should give a boost for BATS. |
The nanny state will think of something else, no drinking, no vapes, no tobacco, no gambling , ban fast food advertising, gov must think public idiots. |
Downing Street reportedly dropping outdoor smoking ban proposal |
https://amp.theguardian.com/society/2024/oct/24/disposable-vapes-ban-england-next-june-labour |
I hope that does not happen, but got feeling it might. |
Assuming they don’t die inbetween, which many will. |
Topaz, that scenario assumes the tories would reverse the tax increase. Given their tax increases over the last few years I am not sure that that is a likely scenario. |
The other scenario is that people hold their shares until the next Tory government ... so less selling to line Rachel Thieves' pockets after the CGT increase kicks in? |
A budget for growth............ lets start by making the UK relative to other countries , uninvestable. |
Not long now - but Osborne did increase CGT overnight in his emergency budget 2010 |
#Panshanger1, duty rises on fuel/tobacco/alcohol are usually overnight, but giving investors 5 months to plan around the budget with any CGT rises and crystalise gains inside this FY will still yield unscheduled tax revenues, but at an expected lower rate, soon be 30th and we will find out.. |
I hope not, surely not straight away. |
Think any change to CGT will be effective straight away Surely crystallising any gains to avoid possible increases should come before budget next week |
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