UK seafood public body Seafish has begun consulting with its levy payers and the wider seafood industry on its proposals for a new levy model.
The Seafish levy has not changed since 1999. Levy is due on the first sale of seafood, both domestically landed and imported in the UK. Levy is not charged on farmed salmon and trout, freshwater fish species and some canned and bottled products.
The proposed changes to the Seafish levy model in the consultation include:
- A single levy rate across all species
- A phased increase in levy for some species
- Including all canned, bottled and preserved seafood products – not just products manufactured in the UK
- An automatic inflationary adjustment to the levy each year which will be capped at 2%
- Minor changes to the administration of the levy to make collection and payment more efficient
A series of workshops are taking place with invited levy payers and seafood representatives from 13-17 March. An online survey is open from 13 March for 6 weeks for any seafood stakeholders to provide feedback.
“During our Strategic Review in 2021, the seafood industry told us they need us more than ever to manage the challenges they face and support them to thrive. They also told us they wanted a fairer and more equitable Seafish levy model. We need a funding model that ensures we can deliver what the industry need now and into the future to help us support a thriving seafood industry. The last levy changes were in 1999, so this is a priority,” Seafish CEO Marcus Coleman said.
“However, we also appreciate the seafood industry is under pressure with the current economic crisis and changing trading arrangements. Our proposed changes represent a pragmatic and reasonable adjustment to ensure our continued support while also minimising impact on the industry. This is an important step in our journey to building an organisation and a levy model that is fit for the future.”
Changes to the Seafish levy require legislation change and this process is expected to take around two years.
Once Seafish has made formal recommendations to government and these have been considered and approved by relevant ministers across the UK administrations, legislation to implement the changes will be taken through the UK Parliamentary process. This is anticipated to be during 2024.
The earliest that changes to levy will take effect will be during the 2024/25 financial year.
