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Minister of State for Business, Employment and Retail, Damien English, T.D., today (Friday January 8th) alerted businesses, and especially SMEs, of the need to actively claim the zero-tariff rate on UK origin goods.
Under the EU-UK Trade and Cooperation Agreement (TCA), tariff duties are eliminated for trade between the EU and the UK where the relevant rules on origin are met. The so-called preferential, or zero tariff rate, applies on imported goods from the UK, once the relevant “rules on origin” are met – essentially those rules seek to ensure that the goods are principally composed of UK inputs.
Full Article here
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