The government is publishing information on essential policies which would need to be in place if the UK were to leave without a deal.
This approach was outlined by the Prime Minister in the House of Commons on 12 March 2019 to ensure MPs are fully informed before the vote on No Deal on 13 March 2019.
This information includes the government’s approach to customs duty, which is a tax you pay when importing goods. The rate of customs duty you pay is known as the ‘tariff’.
If the UK leaves the EU with no deal, you may need to pay different rates of customs duty on imports. These rates would only be applied if the UK were to leave the UK with no deal.
The UK government would set temporary rates which would:
- apply from 11pm on 29 March 2019
- be in place for up to 12 months from 29 March 2019
Click here to go the UK Government website which provides further details including the tariff rates.
Posted on: Wednesday 13th March 2019