Major UK retailers including Primark, Currys and Boohoo have criticised the government for waiting until 2029 to phase out a customs duty exemption on low-value imported goods, which they say allows competitors like Shein and Temu to undercut them.
The British Retail Consortium (BRC) said 1.6 million parcels arrive in the UK daily, double last year's figure, and urged immediate action. The 'de minimis' rule exempts goods valued at £135 or less from customs duty, a loophole critics say harms the high street.
Concerns have grown since the US revoked its similar exemption for Chinese goods in May and for all countries in August. The EU plans to phase out its own exemption next year. Helen Dickinson, BRC chief executive, said the chancellor must act swiftly to protect consumers and ensure fair competition.
George Weston, CEO of Primark's owner Associated British Foods, called the four-year delay 'unacceptable', warning it prolongs damage to UK retailers. Dan Finley, boss of Debenhams Group (owner of Boohoo), said the delay creates an 'unlevel playing field', noting the US implemented changes in nine months.
Alex Baldock, Currys CEO, urged the government to go 'further and faster' on both de minimis and business rates reforms. The changes are expected to raise £500 million annually for the Treasury. The government said any impact on consumer prices would be 'modest' and aims to align the UK with international partners.
