UK Government Commits to Streamlining Art Imports Regulations



The UK government is working to streamline customs processes in order to boost the domestic art market and simplify the importing of art and antiques post-Brexit. Arts minister Stephen Parkinson aims to create the world’s most effective border by eliminating the 5% import VAT and reducing red tape for cultural goods entering Britain from the EU. This move is crucial for maintaining the competitiveness of the UK art market, as taxes and bureaucracy need to be minimized to attract international buyers and sellers. The government is engaging with the sector to simplify the Temporary Admission (TA) mechanism, which currently only benefits large dealers and auction houses. Plans for a single trade window are also in development to simplify the import, export, and transit process. The government’s efforts to simplify customs processes come after the recent publication of customs simplification measures by HMRC and the UK Treasury. However, there is uncertainty regarding these plans in light of the upcoming general election.



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