Time This series looks at Brexit through the eyes of importers and exporters and in this edition we’re watching the clock. I’ll also outline some of the steps businesses should consider taking. The Brexit clock is ticking down to 29…
Cost In the last post I nailed my colours to the mast and listed my top ten Brexit issues for businesses who import and export goods. I thought I should put some meat on the bones of the list, so…
There are many issues facing the UK as we leave the EU, but which are going to be the most problematic for the country and therefore for importers and exporters? I’m regularly talking to business leaders and import and export…
In my day job helping importers and exporters stay on the right side of HMRC compliance rules, I’m regularly asked for information and views on how Brexit will affect trade. So, ‘Brexit Bites’ is born. This blog will look at Brexit…
From January 1st 2017 the commodity codes list undergoes its annual review by HMRC during which many tariff codes are added/deleted. Of interest to toy manufacturers/importers/exporters will be the addition of a new code for children's interactive electronic toys. The extract pictured above is from an IES classification…
Need help with classifying your goods on import into the UK? Are you finding footwear classification confusing? Are you having problems classifying your imports. Let us help we have designed easy to use Commodity Code classification trees. For more information or…
Potentially Negative Impacts A period of trade instability The need to write customs legislation as EU legislation is redundant. The UK may choose to adopt the EU current legislation and amend over time. Increased costs as with no FTA’s in…
EU single market: In order to limit any damage to trade the UK will want to start negotiations with non-EU trade partners to preserve any existing level of preferential access UK companies currently get to their markets. Rest of…
The European Council (minus the UK) will agree the terms of the UK’s withdrawal from the EU for a consensus they need to have a ‘qualified majority’ which according to article 218(3) of the functioning of the European Union (TFEU) will require at least 72% of…
Sequence of events: By October the UK triggers Article 50 of The European Union (TEU) The European Council (minus the UK) must then agree by consensus the terms of the UK’s withdrawal. Any agreement will need to have a ‘qualified…