New ‘vape tax’ for South Africa

GAUTENG – A new sin tax on vaping products, which will come into effect from 1 June 2023, could see vapers turn to illicit trade in a similar manner to the government’s previous ban on cigarettes in 2020. Kurt Yeo from Vaping Saved My Life said that the new tax will wipe out a large number of vaping businesses, with evidence already showing that it is already promoting a black market for vaping products. The new sin tax is set to come into effect before the Bill which regulates vapes is passed into law.