Trade agreement with the Faroe Islands announced

The UK and Faroe Islands have signed an agreement for the unaltered continuance of trade between the two countries post-Brexit Hot on the heels of the agreement with Chile, it appears we can look forward to a glass of Chilean Sauvignon Blanc with a nice bit of fish for our suppers. David

EORI – Another Reminder!

It’s February already, time is short! Sorry to bang on about this.  But it is vital that you act to get yourself EORI registered if you want to trade with EU partners’ post-Brexit. Actually, no real apology from me, if you don’t do this and you will shoot yourself in the foot! A reminder, you will need an EORI number …

It’s Getting Close Now

Hello, it’s Stephen here again. Who would have thought that at this stage with only 54 days left until the 29th March we could still be looking at the possibility of leaving the EU with a ‘No Deal’ or at least something very similar. Although the government has stated that this will not happen, I am somewhat sceptical considering what …

Trade Agreement with Chile Announced

Thursday 31st January 2019 and hello from David. Hello, it’s David again! The UK and Chile have signed an agreement for preferential trade and services to continue between the two countries post-Brexit unaltered. This follows on the back of a similar agreement at the end of 2018 with Switzerland. This announcement interestingly refers to a number of other agreements to …

Brexit – Another Week in Review…

Well here we are again and you may be forgiven for thinking nothing has changed since I last expressed my opinion.  If that is your first thought let me see if I can change it for you as I think we have built our knowledge and understanding substantially over the last week; The first thing that is blatantly apparent is …

Customs Import Declarations

David here, you may be getting fed up with my technical posts.  But I am afraid there’s a lot that you need to know.  In my defence – I didn’t make the rules! Below is the UK government advice on making Import Customs Declarations.  It confidently tells you that you may make your own declarations, which is true.  Here’s a …

Customs Procedure Codes

Hi, it’s David again with more mumbo jumbo. This time it’s something called Customs Procedure Codes [commonly referred to as a ‘CPC’ in the customs world]. Put simply, this code tells customs what is happening to the goods.  For example, an import to ‘Home Use’ or a ‘Temporary Admission’.  The former means the goods will be consumed in the UK; …

Customs Special Procedures

It’s David here.  Right, if you’ve read my previous posts, you will start to be getting an idea about Customs.  You should have already got yourself an EORI registration [see https://www.gov.uk/eori]. You may have had a look at the Customs Tariff [https://www.trade-tariff.service.gov.uk/trade-tariff/sections]. You may have realised it is all a bit technical.  That you’d rather concentrate on buying and selling …

Origin of Goods

Knowing the origin of goods is essential to ensure your customs declarations are compliant. You cannot ensure that you are paying the correct taxes or respecting import licence laws without knowing the origin of the goods you are importing.  Getting this wrong will result in official investigation and potentially swingeing financial penalties. Below you will find the UK government advice …

Prohibitions and Restrictions

Hello it’s David here with more information that you will need to know in the event of a ‘no deal’.  Certain goods require official permission to import or export.  This permission comes in the form of a ‘licence’.  As an importer, it is your legal responsibility to comply with import licence rules.  Equally, as an exporter you are liable for …