The Government has announced the launch of the Developing Countries Trading Scheme (DCTS) which will replace the current Generalised Scheme of Preferences (GSP) from early 2023. The Government has also published a report setting out its policy for the DCTS, including responses to a public consultation, in four areas: rules of origin, tariffs, goods graduation, and conditions.
Source Deloitte
Latest Posts in "United Kingdom"
- UK Introduces VAT Relief on Donated Goods, Boosting Charitable Giving and Reducing Waste
- Cross-Border VAT Compliance for Gibraltar Digital Services: B2B vs B2C Risks and Audit Defences
- HMRC Issues Draft Guidance on Advance Tax Certainty Service for Major UK Investment Projects
- Morrisons Hit with £17m VAT Bill After Losing Rotisserie Chicken Tax Court Battle
- FTT Overturns VAT Input Tax Denial and Penalties for G.M.P Baird Ltd in Kittel Case
