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…
The focus and commitment of IES will be to continue to help and keep you informed so that we can assist you as you can try and mitigate the risks from the some of the potential negative impacts on your international trade…
17th May 2016 – Under the UCC HMRC are using AEO as the standard that a trader must meet to be able to benefit from simplifications for some customs authorisations and simplifications and to obtain waivers/reductions in level of guarantees to…
26th April 2016 – HMRC have issued some clarification on whether under the UCC (i.e. from 1st May 2016) Royalties & Licence fees will form part of the dutiable value of imported goods. The guidance states that inclusion depends on…
Only a few days left to take part Traders have been asked to take part in an EU survey to establish the scale of the administrative burden encountered during the submission of Intrastat returns. In the future there will be…
Customs Comprehensive Guarantee (CCG) requirements due to the introduction of the Union Customs Code (UCC) - Take effect from 1 May 2016 - Required to cover both potential and actual debts. The applicant must produce calculations to support the reference…
From 1 September 2015 the telephone helpline closed. All requests for classification advice must be made by email. Each email request is for one product only and must contain enough information to allow customs to assist with the classification. Requests…
For all traders and their representatives wishing to submit claims for the repayment or remission of customs duties please take note of the change of address for the postal submission of the duty reclaim form. With immediate effect a completed C285…