Sanctions on Russian iron and steel From October 2023, the UK and EU are introducing sanctions on Russian iron and steel. Find out how this affects you as an importer in the UK, or exporter to the EU, in this article. Which goods are affected by the sanctions on Russian iron and steel? Products that […]
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The UK Target Operating Model – What you need to know The UK Target Operating Model (TOM) is a part of the 2025 border strategy. Originally proposed in 2020, this initiative has a few objectives: – redefine the British border following Brexit.– evolve processes with the adoption of digital.– make the border more efficient.– heighten
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Upcoming changes to customs procedures in the UK Customs clearance in the UK is constantly evolving, especially since Brexit (even though we are nearly three years on!). In the second half of 2023, there will be some more big changes coming for UK importers. Find out about some of the upcoming changes to customs in this
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Bonded warehousing in the UK – What you need to know Protecting your cash flow is essential in business. Or, as our finance director says, “Cash is the lungs of a business!”. But did you know there is a way to suspend payment of duty and VAT during your import clearance, allowing you to hold onto
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Claiming preferential origin in the UK: what you need to know Looking at ways to save money is standard practice for most business owners, but did you know that you can sometimes do this during the import clearance? Depending on what you are importing, where you are buying it from, and how your goods have been
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The benefits of end-to-end customs clearance If you’re an importer or an exporter, you know the importance of getting your import or export clearance done accurately, on time, and in a compliant manner. But what about when your trading partner’s nominated customs clearance agent isn’t able to provide the same service as yours? Find out why and how you
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Wales freeports are announced! Following the recent announcement of the Scottish green freeport locations, the UK Government has confirmed there will be two freeports in Wales. Promising to deliver over 20,000 jobs and £5 billion in investment, Wales freeports hope to mimic the growth caused by freeport status in other UK areas. But where are the Welsh
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Windsor Framework proposed to alleviate NI Protocol issues The Northern Ireland Protocol has been controversial every since it’s introduction during the Brexit negotiations, and has created several economic and political problems for Northern Ireland. UK Prime Minister Rishi Sunak and President of the European Commission Ursula von der Leyen have proposed another solution to the problem. Find
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Scotland announces two green freeport locations! Nearly a year after it was announced that Scotland will get two freeports, the locations have been revealed. The winning bids for Scotland’s green freeports are Inverness and Cromarty Firth, and Forth. But what do these two locations mean for trade in Scotland, how are green freeports different to England’s
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2022 customs recap – The key changes from this year 2022 has brought a lot of changes in for customs clearance in the UK. From changes in systems and processes to the introduction of new preference schemes and border initiatives, it’s been a lot for the industry to keep track of. Here is a recap of
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