On 1 January 2021, the UK Global Tariff will replace the EU’s Common External Tariff.
The UK left the European Union on 31 January 2020. The Department for International Trade is preparing the UK’s first independent tariff policy in almost 50 years.
The tariffs will apply to all goods imported into the UK, unless an exception such as any tariff suspension applies.
This tariff will not apply to goods coming from developing countries that benefit under Generalised Scheme of Preferences, or to goods originating from countries with which the UK has negotiated a free trade agreement.
The Department for International Trade (DIT), have launched a consultation open until Thursday 5 March. The consultation offers you the opportunity to provide:
- views on a potential series of amendments to the Common External Tariff to create a bespoke UK tariff- specifically: simplifying and tailoring the UK Global Tariff policy, removing tariffs on goods imported by UK businesses to manufacture other goods, and where the UK has zero or limited domestic production
- specific feedback on specific products or commodity codes of importance to you, including on the corresponding tariff rate
- information on your interactions with MFN tariffs and the importance of tariffs to your sectors
For further information please visit here.