by Lucinda O'Reilly | Jan 17, 2024 | News
17,000 ships usually pass through the Suez Canal a year, carrying an estimated $1trn of goods and accounting for 12% of global trade. However, due to the ongoing crisis in the Middle East and attacks on shipping in the Red Sea, only a fraction of this trade is...
by Lucinda O'Reilly | Jan 12, 2024 | Blog
Introduction The impact of Brexit on SME manufacturers has been enormous and many would argue extremely detrimental. In this blog I look at some of the most significant issues. Food and Drink The first point to make is that British producers of food and drink related...
by Lucinda O'Reilly | Jan 12, 2024 | Blog
A huge raft of changes to the UK’s customs framework will come into effect over the next 6 months including the Border Target Operating Model (BTOM). But what is it and how will it affect you? One aim of BTOM is to reduce exit checks on goods entering the UK...
by Lucinda O'Reilly | Jan 3, 2024 | News
New rules came into force yesterday in the UK that will require e-commerce platforms to pass information to HMRC on the income of sellers who use them. The new measures will see HMRC gather the information on sellers of goods and services overseas before sharing it...
by Lucinda O'Reilly | Dec 12, 2023 | News
The government has announced a new package of improvements to streamline customs processes and reduce admin burdens for business. HMRC published the results from three consultation processes that were initiated shortly after the Spring Budget in March 2023. The first...
by Lucinda O'Reilly | Nov 20, 2023 | News
The UK and Florida have signed a memorandum of understanding (MOU) to boost trade and investment with business and trade secretary Kemi Badenoch saying progress was also being made with the US federal government on a broader agreement. Badenoch signed the MOU in...
by Lucinda O'Reilly | Nov 17, 2023 | News
The UK’s chemical regulation scheme is set to diverge from the EU’s, after the Department for Environment, Food and Rural Affairs (Defra) announced a change to the post-Brexit system. Following Brexit, the UK established an independent regulatory framework for...
by Lucinda O'Reilly | Oct 31, 2023 | News
The government has published the ten national codes to replace 999L. HMRC had previously announced the extension of waiver document ‘999L’ for import declarations submitted through the Customs Declaration Service (CDS), up until 31 January 2024. Ahead of this new...
by Lucinda O'Reilly | Oct 11, 2023 | News
NCTS5, which will allow traders to amend any pre-lodged transit declarations made on goods moving within countries covered by the Common Transit Convention (CTC), was slated to enter operation on 16 November 2023. In response to concerns from multiple countries that...
by Lucinda O'Reilly | Sep 30, 2023 | Blog
What is a REX Number? REX stands for the Registered Exporters System and is a system developed by the European Commission, used in the EU for certification of the origin of goods based on a principle of self-certification. The REX system is used to identify suppliers...
