# Finance Act 2026, Paragraph 1: Penalties Extent: E+W+S+N.I. (1) In paragraph 1 of Schedule 24 to FA 2007 (penalties for errors), in the table after the entry for tobacco products duty insert— “ Vaping products duty Vaping products duty return. ” (2) In paragraph 1 of Schedule 41 to FA 2008 (penalties for failure to notify etc), in the table after the entry for tobacco products duty insert— “ Vaping products duty Obligation not to produce vaping products unless approved or registered (in regulations under section 45 of TCTA 2018). Vaping products duty Obligation to produce vaping products only on approved or registered premises (in regulations under section 45 of TCTA 2018). Vaping products duty Obligation to be approved under section 122 of FA 2026 (approved stamp holders). ” (3) In paragraph 2 of Schedule 24 to FA 2021 (penalties for failure to make returns etc), in the table after item 4 and in the first, second and fifth columns insert— “ 5 Vaping products duty Vaping products duty return under regulations under section 45 of TCTA 2018. ” (4) In paragraph 1 of Schedule 25 to FA 2021 (penalties for deliberately withholding information), in the table after item 4 insert— “ 5 Vaping products duty Vaping products duty return under regulations under section 45 of TCTA 2018. ” (5) In paragraph 1 of Schedule 26 to FA 2021 (penalties for failure to pay tax), in the table at the end insert— “ Vaping products duty 1 Amount of vaping products duty payable under Part 4 of FA 2026 (except an amount within item 2 or 3) The date determined by or under regulations under section 45 of TCTA 2018 as the date by which the amount must be paid 2 Amount of vaping products duty shown in an assessment made by HMRC in default of a return The date by which the amount would have been required to be paid if it had been shown in the return in question 3 Amount of vaping products duty shown in an amendment or correction of a return The date falling 30 days after the date on which the amendment or correction is made ” --- Source: https://www.legislation.gov.uk/ukpga/2026/11/schedule/15/paragraph/1 (the official version) Page: https://openlegislation.uk/finance-act-2026/schedule-15/paragraph-1 Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.