In response to the COVID-19 outbreak, the Government is making temporary changes to customs policy and authorisations. These amendments to existing policies are most likely to affect businesses authorised, or applying to be authorised by customs, that use temporary storage or customs special procedures such as inward processing or customs […]
Daily Archives: Tuesday May 19th, 2020
4 posts
The Government will supply thousands of businesses with Trade Credit Insurance to ensure that they can continue to trade with confidence, it has been revealed. Trade Credit Insurance provides cover to businesses in primarily non-service sectors, such as manufacturing and construction, by insuring suppliers selling goods against the company they […]
In June US and UK trade delegates are set to hold two virtual negotiating meetings to discuss in greater detail a potential trade deal. This next round of advanced talks comes after an initial round of meetings was held in May as the two countries attempt to flesh out a […]
The UK Government has announced a new tariff regime, the UK Global Tariff (UKGT), which will replace the EU’s Common External Tariff (EU CET) on 1 January 2021 when the transition period ends. Said to be tailored to the “needs of the UK economy”, the UKGT will make it easier […]