That was the News: November 2022

BY:

Niamh O'Connor
7 December 2022

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Remember, remember, the 5th of November - trade restrictions, valuation, CDS and CHIEF, the system we almost forgot! It wasn't the sound of fireworks
that went off with a bang, but CDS on the 1st of November! Although by the 5th, normality had been resumed. November was gone in a flash - hard to believe
this will be the final TWTN of 2022!

For all the latest news & updates, check out our Industry Insights page and don't forget to follow us on LinkedIn!

 

S&H News: We now have the first students enrolled on our brand new learning pathways which we are all really excited about. It has been wonderful to see so many delegates sharing our new digital badges on LinkedIn, group effort from the whole S&H team went into the design!  View Badges Here 

 👋 A warm welcome to 
Lucille Roche - Customs & International Trade Advisor and Caroline McClusky - Shipping Office Support who both joined us in November 👋 

Valuation Rules - Withdrawal of Customs Notice 252 

HMRC recently withdrew Notice 252 and replaced it with a series (a comprehensive collection) of guidance documents which the Department has published on gov.uk.

UK to adopt EU CN for 2023 

We have confirmed with HMRC that the UK will be following the 8-digit code changes introduced in the 2023 EU Combined Nomenclature and will be publishing a table showing the 8-digit correlations for 2023 in the UK Integrated Online Tariff in due course.

What would traders really like a Single Trade Window to do for them? 

An international sale of goods transaction still requires a plethora of documents and procedures across the commercial, transport, regulatory and payment processes and, yes, the same information, or data elements, is repeated over and over again. This, of course has a very negative time and cost impact on exporters and importers. 

Autumn Statement 2022: Key points for Exporters & Importers at a glance 

On the 17th November 2022, Jeremy Hunt, Chancellor of the Exchequer announced the Autumn Budget. 

Update: HMRC Removal of CHIEF Import Permissions 

HMRC have now released further information on the removal of CHIEF Import Permissions amidst the migration to the Customs Declaration Service for imports. 

An ATA Carnet is not very Rock ‘n’ Rock, but they can get the job done

 If a band goes on tour, there will be instruments, lighting and sound equipment that will need to move from venue to venue. If a UK Tour is announced, this will require the unloading and loading of equipment, as the tour moves from venue to venue. Roadies, or the band themselves, could undertake this process.


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