Taxes on Vapes in Malta
The Government of Malta has announced the introduction of a new excise taxes on vapes in Malta. Effective immediately, ready-to-vape e-liquids will be subject to an additional charge of € 0.13 per mL. This move aims to regulate the use of vaping products more closely. In addition to generating additional revenue. Consumers and businesses involved in the vaping industry should prepare for this tax. Which may have an impact on pricing and sales.
This new excise tax on vapes in Malta will officially come into effect on January 1, 2025. For products available on rolling-buddy.com, this tax is expected to lead to noticeable price adjustments. Particularly for ready-to-vape e-liquids. With the additional charge of € 0.13 per milliliter, consumers should anticipate higher costs for these products, especially for larger volumes.
What impact will this have on vaping products?
Under the new excise tax regulations, different vaping products will incur specific charges based on their size and type. Disposable vaping devices will be subject to a tax of € 0.26 per unit since Frumist Box Pods contain 2 mL. For ready-to-vape e-liquids, the tax will vary according to bottle size. For a 10 mL bottle will be incurring a tax of € 1.30. A 50 mL bottle carrying a tax of € 6.50, and a 100 mL shortfill bottle being taxed € 13.00. Additionally, neutral bases used in vaping products will also have the excise tax applied. Leading to further adjustments in their final retail prices. These changes are anticipated to influence consumer purchasing decisions and market dynamics within the vaping industry.
Industry experts predict that the new excise tax will bring both challenges and opportunities for the vaping sector in Malta. On one hand, businesses may face decreased demand due to higher retail prices. Prompting some consumers to reconsider their vaping habits. On the other hand, this regulatory measure could encourage innovation, pushing manufacturers to develop cost-effective or alternative products to remain competitive in the market.
Can I import from another country?
Furthermore, the new regulations stipulate that customers will no longer be permitted to import vaping products from other countries. This measure aims to ensure compliance with the excise tax and to standardize the market within Malta. While this restriction might limit access to a wider variety of products, it also seeks to prevent tax evasion and ensure that all vaping products meet local safety and quality standards.
What are the options?
Despite the introduction of the new excise taxes on vapes in Malta, there are still options available for consumers looking to enjoy vaping in Malta. Aromas and longfills, which are used to create custom vaping liquids, will not be subject to taxation under the new regulations. This exemption provides an opportunity for vapers to continue personalizing their experience without the added financial burden. By purchasing aromas and longfills, consumers can mix and prepare their preferred flavors at home, offering a more affordable and versatile alternative amidst the changing market landscape. With the case of Longfills, the consumer will not pay tax on the aroma. However, any nic shots which are added will be taxed.
According to Maltatoday, this newly introduced excise taxes on vapes in Malta is projected to generate € 500,000 per year in tax revenues. These funds are expected to contribute to public programs and services, reinforcing the government’s commitment to regulating the vaping industry while balancing economic benefits. This fiscal impact highlights the broader implications of the policy beyond market standardization and safety measures.
At Rolling-Buddy.com, we remain committed to supporting our customers during these changes. We will continue to offer the best pricing possible on our products while ensuring full compliance with all local regulations. Our mission is to provide high-quality, affordable solutions that meet your needs, even as the market adapts to new policies. Rest assured, your satisfaction and trust remain our top priorities.
