U.K. Chancellor of the Exchequer
The measure, introduced on March 27, will remove tariffs of as much as 12% of the value of ventilators, protective clothing, virus testing kits and other gear coming from outside the European Union, the Treasury said in an e-mailed statement. The move is aimed at ensuring items reach health-care workers faster and making the U.K. a more attractive market for equipment makers based outside the EU, the government said.
“Dealing with coronavirus is a collective national effort and I will do everything I can to help us win this battle,” Sunak said in the statement.
Prime Minister
To contact the reporter on this story:
To contact the editors responsible for this story:
Edward Evans, Andrew Atkinson
© 2020 Bloomberg L.P. All rights reserved. Used with permission.
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.