Consultation description
We want to know what you think about proposed changes to the UK’s trade preference scheme. This is currently known as the UK Generalised Scheme of Preferences (GSP).
In particular, we want to hear your views on:
- rules of origin requirements for least developed countries (LDCs)
- reducing tariffs for low income and lower-middle income countries
- the approach to goods graduation, which suspends reduced rates on some goods
- the conditions and reporting requirements for low or lower-middle income countries
The new UK preferences scheme (the Developing Countries Trading Scheme) will take effect in 2022.
Source gov.uk
Latest Posts in "United Kingdom"
- Understanding VAT: How It Works, Its Impact, and Options for Reform in the UK
- UK Tribunal Rules Locum Doctor Supplies via Agencies Are VAT Exempt for NHS Trusts
- VAT Rules for Workwear, Uniforms, and Staff Clothing: What Businesses Need to Know
- Understanding E-Invoicing: Benefits, Challenges, and the Future for UK Businesses and Government
- How Overseas Businesses Can Reclaim UK VAT: Eligibility, Deadlines, and Key Conditions