The UK has updated its Customs tariff with the new 2023 Commodity Codes. The new codes are applicable since 1st January 2023.
Tag Archives: UK
HMRC New Powers: “Data Grab” or Simplification?
Since June 2021, HMRC have the power to issue “Financial Institution Notices’ (FINs). FINs require financial institutions to provide information to HMRC such as bank statements or transactions details for tax investigation or collection. After one year of this significant extension, are HMRC new powers a “data grab” or a simplification?
GVMS and GMR Responsibilities
HMRC has issued a communication to inform hauliers or their delegated third parties about the GVMS and GMR completion responsibilities and liabilities.
UK Change to Sanctions List format
On 21st Feb 2022, the UK change the sanctions list format and structure for the sanctions list including the Office of Financial Sanctions.
UK – Valuation Methods Evidence Required by HMRC
The UK post-Brexit Customs Code dealing with Customs valuation has been updated. The updates covers the type of evidence required to support the determination as well as the use of a method of valuation.
Brexit Customs Changes Jan 2022 – Rules of Origin
January 2022 bring changes for products moving between the UK & the EU. Supplier Declarations must be available at the time of export.
Brexit Customs Changes Jan 2022 – Import Declarations
Imports into the UK from the EU. Imports from the EU represent the highest volume of transactions between the EU and the UK. Any delay will affect supply chains and production lines across the UK.
UK/EU Trade Agreement unpacked
EU/UK Trade Agreement explained
UK Customs Law vs Customs Guidances
An article from our CEO, Catherine Truel, sharing her insights into the UK customs law. In particular on discrepancies between Customs guidance and the customs law
EU/UK Trade Agreement – Rules of Origin – List of Insufficient Processing Activities
In the EU/UK Trade Agreement, a product will not have the EU Origin or UK Origin if the production of the product consists only of one or more of the following operations conducted on non-originating materials: (a) preserving operations such as drying, freezing, keeping in brine and other similar operations where their sole purpose isContinue reading “EU/UK Trade Agreement – Rules of Origin – List of Insufficient Processing Activities”