The UK government establishes a more realistic timeline for implementing border controls. The government announced a revised, more practical timeline for implementing full import controls on products imported from the EU to the UK. The pandemic has had a more enduring effect on businesses in the United Kingdom and the European Union than many analysts anticipated [...]
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In June, haulage firm insolvencies reached a 17-month high, as the industry struggled with the loss of cross-border traffic and a driver shortage. According to accounting company Mazars, 31 haulage firms in the United Kingdom declared bankruptcy in June, the most in a single month since January 2019. Since Brexit, the decline in exports between [...]
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HMRC Reveals Absurd Reasons for Non-Payment of the National Minimum Wage While the vast majority of firms pay at least the National Minimum Wage, HM Revenue and Customs (HMRC) has published a list of the most ridiculous excuses for not paying the legal minimum. HMRC assisted over 155,000 workers across the UK last year (2020 [...]
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UK food and drink exports to non-EU nations increased 13% in the first half of 2021, accounting for 46.6 percent (£4.3 billion) of total UK food and drink exports, owing to a recovery in China, Singapore, Australia, Japan, and the Gulf area. This growth suggests that non-EU exports have nearly recovered to their pre-COVID levels. [...]
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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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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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