
We think that some companies do not comply with VAT rules on UK sales. Items under £135 are also customs duty-exempt under the De Minimis Rule. These taxes must be collected to prevent an unbalanced business environment for UK businesses.
Rachel Reeves
Chancellor
Keep the £135 customs duty relief on overseas imports
Require HMRC to issue a mandatory questionnaire on how taxes should be spent
Review overtime taxation to make it fairer for UK workers
Increase the £30,000 tax-free limit on settlement agreements
Raise the standard tax-free Personal Allowance to £45,000
We think that some companies do not comply with VAT rules on UK sales. Items under £135 are also customs duty-exempt under the De Minimis Rule. These taxes must be collected to prevent an unbalanced business environment for UK businesses.
Keep the £135 customs duty relief on overseas imports
Require HMRC to issue a mandatory questionnaire on how taxes should be spent
Review overtime taxation to make it fairer for UK workers
Increase the £30,000 tax-free limit on settlement agreements
Raise the standard tax-free Personal Allowance to £45,000