UK urged to shut tax loophole to stop ‘massive influx’ of Shein and Temu items

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Campaigners and retailers say Britain ought to comply with US and EU in phasing out exemption on duties for low-value parcels

Tax campaigners have joined retailers in urging the UK authorities to shut a tax loophole to stop a “massive influx” of low-cost items from firms akin to Shein and Temu flooding the market.

It comes after the EU stated it was becoming a member of the US in phasing out an exemption on customs duties for low-value parcels that has been utilized by the businesses to export items from China cheaply.

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