The UK and the European Union are working towards resolving disagreements regarding post-Brexit trade arrangements related to Northern Ireland.
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The deadlock in the dispute over the Northern Ireland Protocol seems to have been broken, partially at least. Agreement between the UK Government and the EU on food and animal health checks ‘close to being done’, but no progress on trickier issues. The Guardian newspaper has been told by a senior EU […]
A Government-sponsored committee has delivered an update on the switch to a new customs service for exporters, following Brexit. The HMRC-sponsored Joint Customs Consultative Committee (JCCC) has issued a reminder on the upcoming switch to the new system. It is advising businesses of the need to use the new Customs […]
The UK has seen a boost in the value of international trading, exceeding previous expectations. The value of exports increased slightly by £0.2 billion (0.7 per cent) in November 2022, according to the latest trade figures from the Office for National Statistics (ONS). The value of imports increased by £1.8 billion (3.5 […]
Under the Northern Ireland protocol agreed with the EU as part of the Brexit deal, suppliers of goods from Britain must complete customs checks.
There was a silver lining to the news that the UK economy shrank again in April, with good statistics on the international trade front. Official figures from the Office for National Statistics (ONS) show gross domestic product (GDP) fell by 0.3 per cent in April 2022, a further decline after […]
The UK has launched free trade negotiations with six Gulf states which cover £33.1 billion worth of trade. The talks, led by Trade Secretary Anne-Marie Trevelyan, with the Gulf Cooperation Council (GCC), made up of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, have been welcomed by business group […]
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 […]
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 […]