From 1st January 2021 goods moving between the UK and EU will become imports and exports, and import VAT will be due on every movement. This means importers and exporters will need to be on top of their VAT. In…
If you've been using the Import Export Support checklist, this is the third and last set of notes covering off the last three tasks on the checklist.Checklist notes: NI, GVMS and Intrastat 13. Northern Ireland From Jan 1st 2021 goods…
Whether you've been using the IES Brexit Actions checklist or not, these notes should useful in your preparations for Jan 1st. Checklist notes: compliance, Inco Terms, UK and EU tariffs and VAT 6-9.Compliance From 1 Jan 2021 declarations will increase…
In our last post we listed the preparations businesses need to make to be ready for 1st January. If you've been using the checklist, you may find these notes useful as background for the first four tasks.We'll be following this…
We've all seen the Government's campaign to encourage businesses to be ready for the changes in EU trading arrangements on Jan 1st. But, are you sure your business is completely ready?We've put together a checklist of the jobs most businesses…
As part of your Brexit planning, our advice is to remember compliance is key.We can be sure that HMRC will be hot on compliance next year, we see they have recently updated the notice on penalties. Why it's worth checking…
Plans for the future of trade in Northern Ireland (NI) continue to emerge. Here's the latest Import Export Support update, along with links to pages of particular interest to any business that trades through NI. Trader support service The Institute for…
HMRC have issued a new regulation which is considered to be a change in UK practice. The updates, released in September, announce changes to two tariff headings. 7323: Table, kitchen and household articles of iron or steel This heading…
To celebrate Import Export Support’s sixth anniversary, I’ve been looking back at the events which have had a big effect on our line of work - it’s been a tumultuous six years! 2014 July: Oil prices crash. What goes…
News has emerged that preferential rates are to be scrapped for some goods coming out of Cambodia. Here is our update on how this will affect importers in the UK. For many years, the WTO has promoted trade with less…