UK Tariff Suspensions from the 2023 application window take effect

The list of 245 new tariff suspensions for 2023 come into force from today, 11 April until 30 June 2026. These include plastic seals and parts for manufacture of motor car seats and transmissions, as well as many fruits, nuts such as almonds, seeds and juices (including concentrate – orange, grape, mango, pineapple etc).

It is estimated that the effect of these duty suspensions will be to reduce uk inflation by up to 0.6%.

Duty suspensions are designed to help UK and Crown Dependency (Guernsey, the Isle of Man and Jersey) businesses remain competitive in the global marketplace. They do this by suspending import duties on certain goods, normally those used in domestic production.

These suspensions do not apply to other duties that may be chargeable like VAT or trade remedies duty, such as anti-dumping duty.

Duty suspensions allow unlimited quantities to be imported into the UK at a reduced tariff rate. Autonomous tariff quotas (ATQs) allow limited quantities to be imported at a reduced rate.

Duty suspensions and ATQs are temporary and can be used by any UK business while in force. They are applied on a ‘Most Favoured Nation’ (‘MFN’) basis. This means that goods subject to these suspensions or quotas can be imported into the UK from any country or territory at the specified reduced tariff rate.

When more than one tariff concession applies, importers will wish to ensure that their goods are entered at the most advantageous rate. 4 Eyes Ltd can review your import declarations to ensure that the correct and most beneficial headings are used.

The full list of duty suspensions can be found here.

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7 weeks to go - New import controls are coming on 30 April