UK-New Zealand trade deal will be a boost for British consumers and exporters. A trade deal with New Zealand might benefit British consumers and exporters by eliminating tariffs of up to 10% on a range of high-quality products. A new pact would eliminate import taxes on a wide range of UK goods entering the New [...]
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Introduction The customs procedure codes (CPCs) identify the customs and/or excise regimes which goods are being entered into and removed from (where this applies). The CPC is completed at export as well as import. CPC Format The CPC is based on a 2 digit community code which identifies a customs procedure, eg removal from warehouse, [...]
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Customs Declaration Service (CDS) to become UK’s single customs platform HM Revenue and Customs (HMRC) stated that the Customs Declaration Service (CDS), a world-class technology-based system, will take over as the UK's single customs platform on 31 March 2023. HMRC will phase out its Customs Handling of Import and Export Freight (CHIEF) system. All firms [...]
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The government announced a delay in the obligation for manufacturers to use the UK Conformity Assessment (UKCA) mark on items put on the UK market. Businesses can now use the mark – which will eventually replace the EU's CE mark – but are not required to do so until 1 January 2023. As with the [...]
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Introduction UKGT applies to any goods imported into the UK from countries which the UK does not have a Free Trade Agreement in place, and which are not covered by any other specific exemption i.e. a tariff suspension. UKGT is a new regime that has been developed to meet the needs of the UK economy, [...]
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Introduction If you’re importing or exporting goods with a country that has a trade agreement with the UK, the goods are likely to have a reduced or nil rate of duty based on their origin.You’ll need to: prove to HMRC that you can claim preference for the goods you are importing give the person receiving [...]
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Introduction With a Temporary Admission authorisation, you can keep imported goods in the UK for up to two years before re-exporting them. You will be exempted from paying the import duty or VAT on these items. To use Temporary Admission, you must request authorisation. Some examples of such goods can be professional equipment, auction items, [...]
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Introduction If you are unsure about the origin of your goods or simply want legal certainty, you may apply for Binding Origin Information. Binding Origin Information relates to a written decision that certifies the origin of your goods. BOI decisions are binding on the holder and on the UK customs authorities. They are normally valid [...]
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