Financial Secretary to the Treasury said:
This Bill delivers on the government’s commitment to
upholding the Good Friday Agreement, ensuring trade
can continue in line with the agreement reached in
the Northern Ireland Protocol.
The Northern Ireland Protocol requires that the UK
introduces a framework for charges for customs, VAT and
excise after the end of the transition period on 31
December.
The Taxation Bill creates the legal framework for those
charges, aiming to minimise the practical changes for
traders to ensure the efficient flow of goods within
the United Kingdom, and on the island of Ireland.
Customs charges will only apply to goods arriving in
Northern Ireland - from both Great Britain and
countries outside of the EU – if they are ‘at risk’ of
moving into the EU. The Joint Committee will set out
more information in coming days.
The Bill will also ensure that EU goods imported into
Northern Ireland from Ireland are not subject to
customs duties or processes. It will also ensure the
UK’s customs regime applies for goods moving from
Northern Ireland to Great Britain if those goods do not
qualify for unfettered access.
This Bill also sets out the VAT and excise duty rules
that will apply between Great Britain and Northern
Ireland.
The EU-UK Joint statement made today sets out the
agreement in principle regarding the implementation of
the Northern Ireland Protocol. The Government is
therefore not introducing the so-called notwithstanding
provision into the Taxation Bill.
See Taxation
(Post-Transition Period) Bill
