UK launches tariff suspension consultation and raises mileage rates

The UK government has launched a consultation to suspend tariffs on more than 100 everyday essentials and increase mileage rates for workers who use their own vehicles for work. The consultation follows the Treasury’s announcement that a list of 125 items—ranging from fresh fruit and vegetables to oils, baked beans and soft drinks—will see targeted tariff cuts. The government also raised the tax‑free mileage rate from 45p to 55p per mile for the first 10,000 miles, a change back‑dated to April 2026 that could save a worker £120 on 6,000 business miles. Additionally, the fuel‑duty freeze has been extended for another year, and a one‑year road‑tax holiday for hauliers began on 1 July. The package is part of a broader cost‑of‑living support announced by Chancellor Rachel Reeves.

© Crown copyright, 2024, GOV.UK.
Summary adapted from content licensed under the Open Government Licence v3.0.
For details, see https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/.
Original source: https://www.gov.uk/

source

Made by AI. If you spot anything of concern write us at contact@cybach.com. We’ll promptly correct irregularities.


Posted