What Tariffs Apply From 1 January? - Makesworth Accountants

What Tariffs Apply From 1 January?

What Tariffs Apply From 1 January

What Tariffs Apply From 1 January?

From 1 January 2021, there will be new rates of Customs Duty for imports – called the UK Global Tariff.

The Tariff rates for transactions with the EU will depend upon whether or not a deal is reached. For example, if there is no deal with the EU the Tariff on motor cars will be 10% so many car dealers are suggesting that business should consider acquiring a new vehicle before 1 January. To check the tariffs that will apply to goods you import, go to www.gov.uk

For more information on TARIFFS, Book a Free Consultation

See also  The meaning of trade for tax purposes

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