Customs Procedures | How to use Returned Goods Relief (RGR) to obtain tax relief if you’re reimporting goods into the UK

Introduction The Returned Goods Relief (RGR) programme enables a physical item that was previously imported into a territory, to be reintroduced into that territory without the need to repay tax (because this was accounted for at the time of its initial import). Aircraft are ideal examples of 'goods' that often move between jurisdictions and tax [...]

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Temporary Admission

Customs Procedures | A quick guide to using Temporary Admission to avoid paying duty

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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Outward Processing

Customs Procedures | A quick guide to Outward Processing to claim full or partial duty relief when the goods are re-imported to the UK

Introduction Outward Processing allows traders from the United Kingdom to temporarily export goods from the UK for processing or repair in an EU country or any other country in the rest of the world. The process enables the traders to claim full OR partial duty relief when the goods are re-imported to the United Kingdom. [...]

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Customs Procedures Inward Processing

Customs Procedures | A quick guide to Inward Processing to delay or pay less duty on goods you import to process or repair

Introduction Inward processing enables imports of raw materials or semi-manufactured items to be processed for re-export within the UK, without the companies requiring to pay customs tax or VAT on the imported goods. There are two distinct ways; one permits suspension of the duty, while the other requires less or delayed payment. Authorisation Requirement by [...]

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Customs Valuation Methods

A Quick Guide to Customs Valuation Methods to Determine the Value of Goods while Filing Customs Declarations

Introduction Customs valuation is the process of determining the value of goods or commodities for Government taxation purposes.  The customs value serves as the foundation for the following activities: computing the customs duty, imposed as a percentage of the total worth of the products and is known as 'ad valorem' duty calculating the VAT on [...]

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UK-EU Rules of Origin

A quick guide to UK-EU rules of origin for traders and its post-Brexit implications on customs declaration processing

Introduction To qualify for preferential tariff treatment under the UK-EU Trade and Cooperation Agreement (TCA), post-Brexit, businesses must demonstrate the origin of goods traded with the European Union (EU). If goods do not match the origin standards, they will not be eligible for preferential treatment and will be subject to customs taxes (tariffs). To take [...]

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Guide to Incoterms

Guide to Incoterms: An informative blog on the most important elements of international trade

Introduction Incoterms is an abbreviation for International Commercial Terms. It is a contract that defines the responsibilities of sellers and buyers in international trading and business transactions for the sale/purchase of goods. Businesses all over the world have adopted Incoterms as a standard method of transacting. These rules are universally recognised by governments and legal [...]

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