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Increase in duty-free allowance
1 December 2008
The duty-free allowance for people bringing gifts and souvenirs back to the UK from countries outside the EU has doubled as from 1 December.
The tax and duty-free allowance has increased from £145 to £300, with a further rise to £340 in January to take account of recent changes in the sterling/euro exchange rate.
Stephen Timms, the Financial Secretary to the Treasury, said: “This new rate for all EU member states will be a welcome boost to holiday makers and all others travelling outside the EU.”
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