Revenue Act Regulations: legislative changes
Overview of legislation changes to the Revenue Act Regulations that impact vaping products taxes and vendor permit requirements. Changes come into effect 1 July 2020.
Legislative changes to the Revenue Act Regulations. Changes come into effect 1 July 2020.
|Vendor permit requirements||Retailers, wholesalers and manufacturers need to have a permit by 1 August 2020. The regulatory process to introduce permits is delayed due to COVID-19 (not all permits will be in place 1 July 2020; 1 August 2020 is now the target for permits to be in place).
Permits include the Vaping Products Retail Vendor’s Permit, Vaping Products Wholesale Vendor’s Permit and Vaping Products Manufacturer Permit.
|Tax on vaping products||Starting 15 September 2020, vaping substances (except for cannabis vaping substances already taxed under the Coordinated Cannabis Taxation Agreement) are taxed at the rate of $0.50 per millilitre for liquids and $0.50 per gram for solids.|
|Tax on vaping devices||Starting 15 September 2020, vaping devices are taxed at a rate of 20% of suggested retail selling price.|
Questions about the changes
The Provincial Tax Commission can answer questions about the changes to the regulations.