Mini VAT Series Part 4 - VAT Overview
BY:
Sandra Strong
6 December 2021
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MORE INDUSTRY INSIGHTS...
As the UK continues to work towards a free trade agreement with the US, HMRC has updated its guidance to reflect changes to US tariffs affecting goods exported from the UK to the US.
Notice 2946 has been published, informing importers of an update to the Iran Sanctions regulations. The notice provides an overview of the import prohibitions in force on goods imported into the UK and Northern Ireland where the goods either originate in or are consigned from Iran.
During this period, please note that any pre-lodged declarations affected by the changes must be amended before the goods arrive. If customs declarations are not corrected prior to arrival, they will be rejected.
