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Home News UK to suspend tariffs on 125 daily essentials

UK to suspend tariffs on 125 daily essentials

· · 1 min read

Millions of people in the United Kingdom will benefit as the government begins consultation on suspending tariffs on more than 120 everyday essentials.

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London ​announced on Wednesday that the ​essentials covered under the policy​ have been published, building on the tariff suspension ​first introduced in April.

​​The list of 125 items includes garlic, avocados, mangoes, nectarines, vegetable oil, chocolate, sauces, soft drinks, fresh fruits and vegetables, olive oil, and baked beans.

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The government will discuss the plan with businesses and other stakeholders, and also increase mileage rates for 3 million people who use their vehicles for work.

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​The authorities are also seeking views on whether suspension of tariffs on certain fertilizers could help farmers cope with ​rising costs ​triggered by the conflict in the Middle East.

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​Chancellor of the Exchequer Rachel ​Reeves ​noted that the administration is responding to the Iran war impact by keeping prices down for households and businesses.

​Reeves ​said the freez​e on fuel duty, ​the mileage rate ​uprate — the first time in 15 years​ — and ​temporarily slashed VAT ​are part of measures to help reduce cost​s.

The relief, ​the Chancellor explained, was in recognition of how farmers and hauliers have been “exposed to high fuel prices, and their importance to UK supply chains.”

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“We are a government firmly on the side of drivers, and that means acting when hardworking people are being left out of pocket,” said Transport Secretary Heidi Alexander​.

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Nairavoice
Contributor at NairaVoice.com.ng