Our partners know what it is like to run a business,

as they have gained first-hand experience

of it as a result of helping clients

face a multitude of challenges

Next generation of accountancy firms

We provide exceptional accounts preparation,

taxation, audit and advisory services

geared towards owner-managed businesses,

SMEs and individuals

Accountants in Devon, but with clients throughout the UK
  • Genuine interest in your business
  • Support throughout the year
  • Thinking rather than just processing
  • Talking your language, not jargon
  • Value for money, clear pricing and payment plans
Refreshingly positive accountancy principles

How We Work

Being part of your team we look ahead to the future…

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Wealth Management & Succession Planning

You work hard for your money, so you want to make sure that your money works hard for you...

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Business Support & Development

We offer a full range of Business and Professional services to cater for all company sizes....

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Tax & Accountancy

Business owners need their time freed up to do what they do best (i.e. run their business!) so it is good to know...

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Our areas of practice

Commerciality and the personal service you would expect from a smaller firm, but with the knowledge and range of services gained from experience in a larger practice.

Please have a look through our website and hopefully you will get a flavour of the way we do things at Hammett Associates. If you can relate to what we are saying then why not request a meeting?

Bookkeeping

VAT

Payroll

Self Assessment

Corporate Tax & Planning

Personal Tax & Planning

We do not charge for an introductory consultation and there is no obligation to take things further unless you want to.
– Why not contact us and arrange a meeting.


New vaping tax now in force
08/10/2026

A new excise duty on vaping products came into force on 1 October 2026. Vaping Products Duty (VPD) applies to vaping liquids manufactured in, or imported into, the UK, whether or not they contain nicotine.

The duty is charged at £2.20 per 10ml of vaping liquid. It is paid by manufacturers, importers and certain wholesalers, although businesses may choose to pass the cost on to retailers and consumers. Vaping products kept in approved warehouses can be held without paying the duty until they are released for sale.

The introduction of VPD is accompanied by a new Vaping Duty Stamps Scheme. Vaping products manufactured or imported from 1 October 2026 must carry a duty stamp on their retail packaging. Transitional stamps without digital functionality can be used until 31 December 2026, with digitally enabled stamps becoming mandatory for new products from 1 January 2027. The stamps are intended to improve traceability and help HMRC and other enforcement agencies tackle illicit sales.

A six-month transitional grace period applies to existing eligible stock. Wholesalers and retailers can continue to sell unstamped, non-duty-liable stock until 31 March 2027. From 1 April 2027, all vaping products sold in the UK must carry a valid vaping duty stamp.

New personal allowance rules also apply to travellers. Those arriving in Great Britain can bring up to 50ml of vaping liquid for personal use without paying duty or tax. Amounts above this must be declared, with duty and tax payable on the full quantity.

The government expects VPD to raise more than £550 million a year by 2030-31. The new duty was first announced at Spring Budget 2024 and then confirmed at Autumn Budget 2024.


Latest News

New vaping tax now in force

08/10/2026 – A new excise duty on vaping products came into force on 1 October 2026. Vaping Products Duty (VPD) applies to vaping … More...

HMRC targets undeclared medical consultancy income

08/10/2026 – HMRC is writing to individuals it believes may have failed to declare consultancy income from private healthcare … More...

Capital allowances restricted for project development costs

08/10/2026 – The tax treatment of predevelopment costs has been the subject of a recent Supreme Court decision. This is likely to … More...

Reporting property gains

08/10/2026 – Anyone selling a UK residential property usually needs to report the disposal to HMRC within 60 days of completion. The … More...

Meet the team

At Hammett Associates we have an experienced team with a wealth of knowledge across all elements. We pride ourselves on the advice and integrity that we provide our clients, and all backed up by a great level of customer service.

 

Meet all the team

Testimonials

Since purchasing our business in 2015, Vineta and her team at Hammett Associates have guided us through all aspects of our new business. Initially taking on book keeping only, then as our working practices have changed Hammetts have taken on more of our admin work including payroll and VAT.

Every question that has been asked, from ltd company questions to simple software advice and in more recent times Covid, have been answered either by Vineta herself or the skilled and knowledgeable team.

Jenna and Chris Clements
Exeter Sewing Machine Company Ltd

Jenna and Chris Clements

After stepping away from my career to become my husbands’ book keeper, (and following a very basic book keeper course) I needed all the support and help I could get! Hammett’s have literally been a God send! They are a very professional company, with staff specializing in all areas depending what you need to know.

As well as getting regular up to date newsletters and easy to reference tax dates, there is a wealth of knowledge that is always on the end of the phone – even when we were all working from home! More..

Emma Marks
Alpha Lifting Services Ltd

Emma Marks

We have employed the services of Hammett Associates for more than 15 years. During this time they have prepared our accounts, payroll, company and personal tax returns in a professional and timely manner. We have appreciated their help and support and can pick up the phone at any time to discuss business/tax matters or indeed any other queries we have. In more recent times, Vineta Cable, one of the directors at Hammett Associates, played a prominent role in supporting our business sale. Her support was pivotal during the sale More..

Ian and Mandy Gaskell
Directors of IMG (SW) Ltd

Ian and Mandy Gaskell
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