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"
- VAT Road Fuel Scale Charges for Private Use: 1 May 2026 to 30 April 2027
- FTT Partially Allows VAT Fraud Appeals: Director’s Unsophistication Mitigates Penalties in AAMRL Case
- UK Opens Second Consultation on CBAM Regulations; Feedback Due by May 21, 2026
- Which Delivery Costs to Include in Customs Value for Importers and Clearing Agents
- New VAT Relief for Business Donations to Charities Effective April 2026: No Charge on Gifts
