Vape tax plan confirmed in budget

Guernsey's budget for 2026 includes tax breaks for landlords and increases in personal income tax allowances, while introducing new taxes on vaping and raising taxes on cigarettes, petrol, and property. The deficit of £48m is attributed to a shrinking working population and increased health service costs. The budget aims to balance the books through modest tax increases and expenditure reductions, with broader tax reform discussions ongoing.