Liles Morris

Cuts to import tariffs.

Talk to an expert

Amidst all the news about increased tariffs in the US, the UK government has announced a cut to zero in import tariffs on a range of 89 foreign products.


Plywood and plastics, as well as pasta, fruit juices, coconut oil, pine nuts, agave syrup and plant bulbs are all included. Construction, food and hospitality, and garden-related businesses could all benefit from reduced costs as a result.


The changes relate to goods where the UK Global Tariff applies, i.e. where the goods entering the UK don’t qualify for preferential treatment under, for example, a free trade agreement. The government anticipates that businesses will save at least £17 million because of these cuts.


The suspension to the import tariffs on these products will last until July 2027.


See: https://www.gov.uk/government/news/government-cuts-price-of-everyday-items-and-summer-essentials

August 18, 2025
Seven Things Every Company Director Needs to Know

Becoming a company director comes with a fair bit of responsibility - and not just when things are going well. Whether you're the hands-on type, more of a silent partner, or even directing behind the scenes, all company directors have legal duties under the Companies Act 2006.

Read article
August 14, 2025
Lessons From a Director Ban: Getting Help Before It’s Too Late

If your business ever runs into financial difficulties, how you handle the situation can have serious and lasting consequences. That’s the message behind a recent case involving a Staffordshire director who’s just been banned from running a company until 2031.

Read article