Written Question·Treasury·UIN 16820

Import Duties: Tax Allowances

Tabled: 7 July 2026
Answered: 15 July 2026

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Chancellor of the Exchequer, with reference to HM Revenue and Customs' press release entitled Government backs high street with acceleration of cheap import reforms and crackdown on dodgy online sellers, published on 23 June 2026, what assessme

Answer

Dan Tomlinson
HMRC has estimated that the current online marketplace VAT regime has raised more than £8 billion, and continues to raise an estimated £1.8 billion per year, in combination with the removal of low value consignment relief (see Extending VAT online marketp...
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