The Ministry of International Trade today (Monday, September 14) has initiated public consultations on the Raw Water Self-Delivery Rate Quota (ATQ), which is used to import raw allowances into the UK.
As part of the new UK global tariffs announced in May 2020, the government has proposed a self-tariff quota to allow 260,000 tons of sugarcane sugar to enter the UK without UK tariffs. The government made it clear that it would review this ATQ at the time.
The self-tariff rate quota is applied at a rate of 0% for 12 months starting from Friday, January 1, 2021. If the quota threshold is met, a quarterly tariff most favored country (MFN) rate of 28.00/100kg applies.
Consultation offers participants the opportunity to provide:
Specific feedback on the proposed sugar cane autonomous tariff quota, including its level; And information on the interactions with the proposed sugarcane autonomous tariff quotas and the importance of these interactions.
In announcing the global tariff system, the government explained that it would review this self-tariff quota.
Greg Hands, Secretary of International Trade, said:
For the first time in 50 years, the UK manages its tariff policy. We can choose the tariff that best suits our economy.
The government has respected our commitment to advising the government ATQ on raw sugar cane because it wants to hear all voices and incorporate them into our policies.
The Autonomous Tariff Rate Quota (ATQ) allows you to import goods into the UK up to a specified quantity with lower tariffs or zero tariffs for a specified period. UKGT rates apply if your income exceeds the specified quantity. Counseling starts from Monday 14th September to Monday 5th October at 11:59pm and can be accessed from the dedicated gov.uk page.
The government will issue a quota decision along with a summary of responses to the consultation after reviewing all evidence, including responses to the consultation.
This response is driven by the desire to convey the principles stipulated in the Tax (cross-border trade) Act of 2018 and the government’s ambitious FTA agenda, and in developing countries trade.
The UKs Global Tariff is designed with extensive engagement with companies across the UK. This will replace the EU’s general external tariffs on January 1, 2021, reduce cost pressure on businesses, increase consumer choice and enable UK industry to compete on the global arena.
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