The Transition Period ends 31st December 2020
The UK is today consulting on its new Import Tariff that will apply to all imports, except those under a trade deal, from 1st January 2021.
This Blog does not focus on tariffs.
Note: special arrangements will apply to Northern Ireland.
The consultation document is here. Consultation is short and ends on 5th March.
The consultation seeks :
* views on a potential series of amendments to the EU’s 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
[so, not a temporary zero tariff on most goods]
* specific feedback on specific products or commodity codes of importance to individuals (individual organisations), including on the corresponding tariff rate
* information on an individual’s (individual organisation’s) interactions with MFN tariffs and the importance of tariffs to a particular sector