Government introduces temporary rates of customs duty on imports after No-Deal Brexit
Today (13/03), the Governement has announced that in the event of a no-deal Brexit a temporary tariff will be imposed on imports.
It has been stated by the Department for International Trade (DIT) that UK businesses will not pay tariffs on 87% of goods imports by value – helping to avoid price increases & supporting households.
There will be a mix of tariffs & quotas on products including:
- Finished vehicles
- Beef, lamb,
- pork & poultry
- Butter & some cheeses
- raw cane sugar, and certain kinds of fish
The new tariffs will come into force as soon as we leave the EU – only if we leave with no deal. They will apply for up to 12 months while they consult consumers & businesses on future tariffs.
The official notice can be viewed here: https://www.gov.uk/guidance/check-temporary-rates-of-customs-duty-on-imports-after-eu-exit
The goods affected by this temporary tariff can be found here: https://www.gov.uk/government/publications/temporary-rates-of-customs-duty-on-imports-after-eu-exit