Importers, be prepared
Delayed import declarations, Duties, Postponed VAT Accounting – Are you really prepared?
Delayed import declarations, Duties, Postponed VAT Accounting – Are you really prepared?
British manufactured goods are recognised across the world, instruments of economic wealth and global status. The country has made its mark.
Shipping, customs, tariffs, and novel food regulations are just some of the added obstacles UK CBD manufacturers and suppliers now face.
UK exporters should be aware of the fact that Latin American lending rates are far higher than those faced by companies in the UK
With many costs hitting importers and exporters it’s frequently difficult to understand charges from duties, VAT and fees
Your imports are your responsibility. Since the UK’s departure from the EU, billions of pounds worth of imports are now subject to new processes.
Are you attending trade shows, exhibitions or events abroad, providing commercial samples or travelling with professional equipment? You are likely to need an ATA Carnet.
Making sure the marketing is right, website is looking good, cash flow is sound and that there is a bank account to process anticipated sales creates the foundation for growth.
Exports are zero rated for VAT so there is generally no need to charge VAT on your export sales. However, when the goods arrive at the border in your overseas market, import VAT becomes due.