Credit Terms
Spread the cost with iwocaPay
We’re now accepting payments via iwocaPay, which means you can control how (and
when) you pay.
Next time you purchase with us you’ll see iwocaPay on your invoice – follow that link and
you’ll have two choices:
Pay Now - right there and then from your bank account
Pay Later - by delaying your invoice for 30 days or splitting it into 3 or 12 equal monthly
payments.
Here’s how to Pay Later:
Before your next purchase, sign up for a Pay Later spending limit. It takes five minutes and
you’ll only need to do this once.
If you're approved you'll see how much you can spend with Pay Later - up to £30,000.
Once you're ready to make a purchase just select iwocaPay to use your spending limit.
You'll make your first payment in 30 days - we'll get paid in full as soon as you checkout.
Your monthly payments are taken automatically but you can always pay early if you like;
there are no hidden fees.
If you would like to check if you're eligible for up to £30,000 of credit you can check by
following this link: https://www.iwoca.co.uk/pay/spending-account/palmyra-private-limited
Vaping Product Duty
Covered Areas
All vaping substances fall under VPD, whether they contain nicotine or not, including PG/VG/flavored liquids and homemade mixes
The Duty Rate
Flat rate: £2.20 per 10 ml of vaping liquid (that is 22p per ml) on every product in scope.
For Example: 2 ml pod = 44p duty; 10 ml bottle = £2.20 duty. VAT is charged as normal.
What you need to look for
Vape duty stamps must be applied to the outer retail packaging and act as a seal, preventing the pack from being opened without visible damage to the packaging or stamp.
Old Stock
Grace Period: Unstamped stock produced or imported before 1 October 2026 can be sold without a stamp until 31 March 2027. From 1 April 2027, all products outside duty suspension must display a stamp. (This represents HMRC’s six-month grace period.)
Staff Training & Stocks
Train staff to check for the duty stamp and rotate unstamped stock to ensure it is sold by 31 March 2027.
What Next?
Plan to clear any unstamped stock acquired after 1 Oct 2026, and to sell down pre-Oct stock by 31 Mar 2027.
Drop Us A Line
Have a question but aren’t sure who to contact? Get in touch and a member of our team will reach out to you.