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"
- HMRC Updates Zero-Rated VAT Guidance for UK Exports: New Rules and Evidence Requirements 2026
- VAT Liability Timing for Lycamobile’s UK Telecom Bundles: Upper Tribunal Rules on Supply Point
- Should You Form a VAT Group? Key Benefits and Drawbacks Explained
- Upper Tribunal Rules Custom-Made Wigs for Female Hair Loss Qualify for VAT Zero Rating
- Tribunal Clarifies Import VAT Recovery for Logistics Agents Handling Non-Owned Goods in Pre-Brexit EU Shipments
