The chancellor is expected to announce a "vaping products levy" on manufacturers and importers of the liquid in vapes, Treasury sources said. It is anticipated the costs would be passed on to consumers with the hope that it will make the habit unaffordable for children.
With the government under mounting pressure over its economic record, Hunt is widely expected to use next Wednesday's speech to the Commons to announce a package of tax giveaways before an election anticipated later this year.
However, the Institute for Fiscal Studies said yesterday that Hunt's financial planning was "dubious" and "lacks credibility," as it warned him against announcing tax cuts if he cannot lay out how he will fund them.
Bu hikaye The Guardian dergisinin February 28, 2024 sayısından alınmıştır.
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Bu hikaye The Guardian dergisinin February 28, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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