Taxation of High-Concentration E-Liquids
At the turn of the year, the new law regarding nicotine tax came into effect, and it will soon affect you as a customer.
On February 1, an additional excise tax will be added to nicotine e-liquid with a nicotine content above 15mg.
As our suppliers raise their prices, we will consequently also need to do so.
The price of e-liquids with a nicotine content above 15mg will be increased by SEK 25, the price of e-juice under 15mg will remain unchanged, and we will not increase the price of nicshots initially either.
The tax amounts to an additional SEK 2 per ml (10), which means that prices will increase by SEK 20 plus SEK 5 in VAT. Initially, this will apply to 10ml e-liquids, and we will gradually adjust the prices according to the new taxation on e-liquid with a nicotine content above 15mg.
How does this affect you as a vaper?
If you are a vaper who uses e-liquids with a high nicotine content, this decision by the government will affect your finances; the price of every e-liquid with a nicotine content above 15mg will increase by SEK 25.
How does this affect the market?
One can only speculate about how this will affect the vape market in Sweden. Most likely, manufacturers of e-liquids and nicshots will lower the nicotine content of their products to avoid the new taxation; for example, nic salt e-liquids will be created with a nicotine content of 14.99mg.
Only applies to e-liquid with a nicotine content above 15mg
E-liquids under 15mg will not be subject to additional taxation, and the price will remain unchanged.
Read the government's decision on the taxation of high-concentration e-liquids here
Read our latest post about the nicotine tax introduced in 2018
