In preparation for Brexit, the United Kingdom (UK) has published its Common External Tariff, scheduled to take effect on January 1st, 2021, at the end of the transition period established in the EU Withdrawal Agreement Bill.
Through its own Common External Tariff schedule, the UK will manage its duty rates, Value Added Tax (VAT) rates, anti-dumping and/or countervailing duties and other restrictions on the imports or export of goods, which fall into a particular tariff schedule.
Once the transition period ends, the UK will no longer abide by the European Union (EU) Common External Tariff. If you are shipping into or out of the UK, you will need to use the UK-specific tariff numbers.
The tariff changes will affect all goods going into the UK, unless specific exceptions apply, such as the Generalised Scheme of Preferences (GSP), Trade Agreements with the UK, or tariff suspension operated by the UK.
There may be a duty rate changes associated with these new UK tariff numbers as the government sets its duty rates. The UK government website has published these new tariff numbers and duty rates on the UK Global Tariff tool.
You can now review what the duty rate will be as of January 1st, 2021 for the new UK tariff numbers through a correlation table. The online UK Global Tariff tool does not cover other import levies such as VAT, anti-dumping and/or countervailing duties, other restrictions on imports, or specific details on trade remedy measures.
For further assistance, Tradewin can assist with the classification of your goods going into the United Kingdom. Please reach out to our team for more information.