Ending UK customs relief on low-value imports could push up prices, BCC says

Business group warns of harm to small firms and trade as it calls for phased end to ‘de minimis’ exemptions Removing the UK’s tariff exemption for low-value imports could push up prices and harm small companies and trade, a leading business group has said, as it called for a phased-in approach to ending the “de minimis” rules. The UK government plans to end the tax break on imports of goods worth less than £135, making them subject to customs duty, with the changes to take effect in March 202...

By Julia Kollewe