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As autumn approaches, the Customs and international trade landscape is poised for significant developments. With the UK Government set to announce the autumn budget, questions arise about potential changes in Customs and excise duties and whether more products will fall under taxable categories. The global emphasis on sustainability brings additional focus to the UK’s Carbon Border Adjustment Mechanism (CBAM) and possible incentives for traders to adopt low-carbon processes. As the world of international trade shifts toward greener practices, what changes can we expect in the months ahead?
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If you are a notifying trader with an XI EORI and an EIDR authorisation, you should shortly receive information from HMRC advising that the GVMS system has been updated to accept the use of an XI EORI. The instruction will be to use the XI EORI immediately.
Chapter 2 of the EU UK Trade and Cooperation Agreement provides for the involvement of trade representatives or ‘Civil Society’ representatives in contributing to the continuation of EU UK trade facilitation through the Civil Society Forum, which meets annually.
HMRC Webinar - NCTS 5 The Next Stages
The New Computerised Transit System (NCTS) Phase 5 (NCTS5) was launched in Northern Ireland on June 28th, 2024, and July 1st, 2024 in Great Britain. HMRC is hosting an additional webinar to help users prepare for upcoming service enhancements in September 2024, and the implementation of Final State Rules in January 2025. This session will provide essential information on what these changes mean for you.
Exporters registered on the export control SPIRE system should receive updates about the status of the long-anticipated LITE database, which will replace the SPIRE export licence application system.
The UK has signed a Memorandum of Understanding with Laos on the Green Economy Framework.
The UK and the Lao People’s Democratic Republic (LDPR) have agreed to a memorandum of understanding (MOU). The MOU emphasises the parties' commitment to the obligations under the UN Framework and the Paris Agreement, and their cooperation in decarbonising economic activities.
Understanding 3PL – Third Party Logistics
Acronyms are a daily occurrence when you are involved in international trade, and we often come across the term 3PL. But what does it actually mean in practice? It stands for third-party logistics; essentially, 3PL providers offer outsourced services related to the shipping and handling of goods. These services encompass various logistical needs, making them essential partners for many businesses.
Alcohol Duty: HMRC's New Digital Service
In an effort to modernise and streamline the Alcohol Duty process, HM Revenue and Customs (HMRC) is reaching out to approved producers of alcoholic products in the UK. They are announcing the launch of a new digital service, set to go live in March 2025. This initiative aims to prepare producers for the upcoming changes and provide them with the necessary information to transition smoothly.
DEFRA Important Clarifications
DEFRA has published key information stemming from the DEFRA webinar held on 13th August.
HM Revenue and Customs (HMRC) are aware of temporary issues affecting the transfer of license data between the Customs Declaration Service (CDS) and the Department for Business and Trade's (DBT) electronic licensing systems (SPIRE/LITE). These problems arise when errors in a CDS export declaration impact the license, preventing the declaration from progressing to a cleared status.
Permanent Closure of the Flexible Accounting System (FAS)
HMRC announced the permanent closing of the Flexible Accounting System (FAS) on October 23rd, 2024. All electronic import declarations are now processed through the Customs Declaration Service (CDS). The Customs Declaration Service (CDS) does not support FAS and instead offers importers the option to use cash accounts to manage their import duties and taxes.
On 23rd August 2024, HM Revenue & Customs announced 6 Tariff Classification notices, the first since April 2024, though some relate to new regulations dated earlier this year. These affect the following goods but are not considered a change in Northern Ireland practice.
UK to Join CPTPP by 15th December 2024
The Department for Business and Trade announced on the 29th of August 2024, that the UK has obtained the sixth and final ratification needed to complete its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) before the end of this year. Once the UK officially joins, the CPTPP will encompass five continents and nearly 600 million people.
Department of Business and Trade issue details of the newly released OGEL (AUKUS Nations).
The new export licence, due for implementation in September, forms part of the UK’s process to facilitate the trade in permitted goods between the trilateral partner nations to the AUKUS agreement. The name AUKUS stems from Australia, where the agreement's main aim is to support the Australian submarine build of UK-designed submarines that incorporate US technology and a US combat system.
Advanced Food Tariff Classification - Monday 16th September 2024
The Advanced Food Tariff Classification course is a significant step in enhancing your professional skills and understanding the complexities involved in classifying food products. It aims to build on the foundation of knowledge gained from either the Tariff Classification Explained course or the Focus on Food Tariff Classification course to give the learner a deeper understanding of the topic.
You’ll learn to refer to and check Chapter, Additional, and Sector notes for accurate classifications, handle the practical classification of complex food products, and read and interpret Tariff measures using the UK Online Integrated Tariff.
How to Complete Export Entries - Tuesday 17th September 2024
This workshop is designed to equip you with the knowledge and skills to complete export Customs entries in the UK. It provides delegates with an understanding of how to build the data entry information, which data elements are essential, and how to declare license information. By the end of the course, you will have the knowledge to complete a basic export Customs entry and the confidence to build on this to submit more complicated entries. This is important whether you are an agent or an exporter.
Focus On: Incoterms® 2020 Rules - Monday 23rd September 2024
Trading goods worldwide can expose companies to greater risk and cost in the form of lost goods or unnecessary delays or disputes. The simple allocation of responsibilities in the supply chain can help, which is what Incoterms® Rules have been doing since 1936. Generally, Incoterms® are misunderstood and frequently misused; ensure you are using them correctly by joining us on this full-day interactive course.
Customs Warehousing Explained - Wednesday 25th September 2024
More companies than ever before are now considering a Customs Warehouse as vital to an efficient supply chain. This workshop explaining how to set up a Customs-Bonded Warehouse facility in the UK will show you how to improve your cash flow, support Customs regimes and trade agreements while goods are under Customs supervision, and save money by using Simplified Procedures.
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