Tens of thousands of UK businesses are being urged to migrate to a new IT platform to continue importing and exporting goods. HM Revenue & Customs (HMRC) says its Customs Handling of Import and Export Freight (CHIEF) system, which records the movement of goods by land, air and sea, is […]
Yearly Archives: 2022
86 posts
As we pass the first anniversary of post-Brexit rules to streamline VAT reporting and processing when selling to the EU, it is worth recapping on some of the changes, including the Import One Stop Shop (IOSS) scheme and the One Stop Shop (OSS) scheme. Both are designed to ease the […]
HM Revenue & Customs (HMRC) has announced that from this month, new importers can no longer register with the Customs Handling of Import and Export Freight system (CHIEF) and must now use the Customs Declaration Service (CDS) instead.
The UK has launched free trade negotiations with six Gulf states which cover £33.1 billion worth of trade.
Tens of thousands of UK businesses are being urged to migrate to a new IT platform to continue importing and exporting goods.
There was a silver lining to the news that the UK economy shrank again in April, with good statistics on the international trade front.
UK exports to the EU are still significantly below pre-Brexit levels, according to the Office for National Statistics (ONS). There has been a recovery after a steep drop of 40 per cent in January 2021 at the end of the transition period, according to the figures. Trade recovered to finish […]
Food exports to non-EU countries have risen to record levels, with Australia, Canada, India, Japan and the US all seeing trade from the UK above pre-pandemic levels.
While the UK is still in talks with the USA over a comprehensive trade deal, negotiators have concluded a Memorandum of Understanding (MoU) with the country’s state of Indiana.
While many businesses are still reeling from the pandemic and economic squalls, many firms are looking to grow and end even expand internationally.