Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of the potential meris of removing the Low-Value Imports rule.
The government is aware of the increasing prevalence of overseas retailers using the low value imports regime and the proposed changes to equivalent regimes made by our international partners. In recognition of this, the Chancellor announced a review of the customs treatment for low value imports in April.
Since this announcement, Ministers and officials have engaged a wide range of stakeholders on the impact and operation of these arrangements. The findings from this engagement will help determine our next steps.