Updated “Sin Tax" To Come Into Effect On 1 December

The excise tax on electronic smoking devices and associated products, that was recently announced will come into effect on 1 December this year, the Federal Tax Authority (FTA) has confirmed. In August this year the Cabinet announced the expansion of the “sin tax”, that was put in place in 2017, to include more sugary drinks and electronic smoking devices. The new levy was expected to come into effect on 1 January 2020, however under the recent announcement the date has been brought forward by one month.

The FTA has advised companies supplying products added to the list, including importers and producers of electronic smoking devices, vape liquids and sugary and sweetened drinks, to register by the end of November.

The drinks now added to the list include some non fizzy drinks that have added sugar such as non-carbonated sports drinks. These will be subject to a 50% tax.

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