In order to help businesses prepare for the changes that might happen following Brexit, British Chambers of Commerce (BCC) have developed a Business Brexit Checklist. This checklist aims to help companies at both operational and board levels.
Although the European Union and the UK have not yet reached a final agreement, there are a few steps that companies can already start undertaking to plan ahead.
UK businesses can access a number of duty relief and customs facilitation schemes. Interest in these has increased in the past few months as businesses see them as a way to reduce the impact that a no-deal Brexit could have on trade relations between the UK and the rest of the world.
One of these schemes is a trusted trader scheme - Authorised Economic Operator – which indicates that your role in the supply chain is secure and that your customs controls and procedures are efficient and compliant. It also gives quicker access to certain simplified customs procedures and in some cases the right to fast track your shipments through some customs and safety and security procedures.
We offer courses and seminars to help exporters and importers understand the relevance of the different schemes and get the support they need. Please see below for the upcoming seminars:
- Customs Warehouses and CDS Seminar – 13th November – Starts at £30+VAT
Customs warehouses are a great way for importers to have better control over their cash-flow, as they enable delays for the payment of customs duty, import VAT and in some cases excise duty. They also offer numerous services that you may find useful for your imports or exports. Find more information here.
- How to claim duty relief on import and export processes 20th November – Starts at £155+VAT
This course on how to claim duty relief on import and export processes will cover Inward Processing and Outward Processing Relief and offers exporters and importers an opportunity to understand these procedures in more detail and will help you to determine whether these customs procedures would be beneficial to your business. Find more information here.
- Authorised Economic Operator Seminar – 6th February – Starts at £230+VAT
The Authorised Economic Operator (AEO) status is an internationally recognised certification from the World Customs Organisation (WCO) indicating that your role in the international supply chain is secure and that your customs controls and procedures are efficient and compliant. Right now, the UK is drastically behind other EU countries with only 537 companies approved AEOs in 2017, 10 times less than Germany with 6031 approved companies. Find out more here.
If you are planning to apply for additional customs relief or other schemes and need some support and advice, please get in touch with a member of team at email@example.com.