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GMCCTradeteam
Nov 1, 20223 min read
Top Tips for the Legalisation of Export Documentation
We all know that dealing with export documentation can be a bit of a mine field. Exporters must deal with the preparation of the...
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GMCCTradeteam
Oct 18, 20222 min read
Financial Sanctions: Focus on Importers and exporters
In Sept 2022. the government updated the UK financial sanctions guidance. This covers various areas; General Financial Sanctions,...
140
GMCCTradeteam
Oct 18, 20222 min read
Trading with Northern Ireland: the UK Trusted Trader Scheme and Update on TSS
As part of the NI Protocol implementation, the UK Government created the Trade Support Service to support (TSS). TSS was set up back in...
780
GMCCTradeteam
Oct 18, 20222 min read
What is Aid Funded Business and how British SMEs can benefit from it?
According to OECD, Foreign aid from official donors rose to an all-time high of USD$161.2 billion in 2020, up 3.5% in real terms from...
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GMCCTradeteam
Oct 18, 20222 min read
ECJU: “HMRC issued compound penalties up to £54,000 for unlicensed strategic exports”
The ECJU - UK’s Export Control Joint Unit – indicated in a notice to exporters on 10th January 2022 that ‘between March and November...
330
GMCCTradeteam
Oct 18, 20222 min read
HS 2022 — NEW CHANGES TO THE GLOBAL TARIFF SYSTEM - What is the Harmonized System?
The International Convention on the Harmonized Commodity Description and Coding System (HS Convention) entered into force on 1 January...
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GMCCTradeteam
Oct 18, 20223 min read
What is Approved Exporter status?
As the UK signs new trade agreements, and with a view to facilitate trade with these markets, some have made special concessions for...
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GMCCTradeteam
Oct 18, 20222 min read
*** NEW *** FAQ OF THE WEEK: What’s a Customs Warehouse and how would it benefit my business?
Using a Customs Warehouse allows businesses to store goods and suspend the payment of import taxes on those until those are released into...
360
GMCCTradeteam
Oct 4, 20223 min read
Food Labelling - The changes food business need to be aware of
From the 1st October 2022 food businesses need to make sure the necessary labelling changes have been made to remain compliant in terms...
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GMCCTradeteam
Oct 3, 20223 min read
FAQ OF THE WEEK- Duplicate lists versus ATA Carnets
We are launching this section in our newsletter to showcase some of the most frequently asked questions our team get week on week. This...
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GMCCTradeteam
Oct 3, 20222 min read
SMEs given the opportunity for a Match-Funded Grant up to £9k
The Department for International Trade has launched additional funds as part of their Internationalisation fund in Greater Manchester. ...
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GMCCTradeteam
Sep 23, 20221 min read
How can you make a T1 transit document easier?
What is a transit document? A T1 transit document allows goods to pass from the UK to the EU without needing to make an import customs...
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GMCCTradeteam
Sep 23, 20222 min read
CHIEF/CDS Update: HMRC announced extension for imports
Customs update - CHIEF Transition to CDS
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GMCCTradeteam
Sep 19, 20222 min read
What happens when your goods are subject to an Inland Pre-clearance check?
If you are a business importing goods into the UK or acting as an intermediary for import to the UK, you may be selected for checks. HMRC...
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GMCCTradeteam
Sep 19, 20222 min read
Export Controls Update: Mandatory EORI number
In August, the UK government’s Export Control Joint Unit (ECJU) confirmed that the use of EORI (Economic Operator Registration...
230
GMCCTradeteam
Sep 19, 20221 min read
CUSTOMS UPDATE: Extension of Customs Declaration Service licence waiver document code
HMRC announced on 1 September 2022 that the scope of Customs Declaration Service (CDS) licence waiver code 999L has been broadened to...
410
GMCCTradeteam
Sep 5, 20222 min read
September is the last month for importers to switch to the single customs platform, warns HMRC
The new Customs Declaration Service (CDS) is replacing the Customs Handling of Import and Export Freight system (CHIEF), with CHIEF...
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GMCCTradeteam
Sep 5, 20223 min read
Global Trade Agreements
In the UK’s current economic climate post Brexit, businesses that have expanded overseas or are looking to expand need to have the...
220
GMCCTradeteam
Sep 5, 20221 min read
Food Labelling Update
From 1 October 2022, pre-packaged food or caseins sold in GB must include a UK address for the food business operator (FBO). The current...
170
GMCCTradeteam
Sep 5, 20221 min read
Useful Resources from HMRC to support trader’s transition to CDS
HMRC has recently published a series of resources to help traders with the move from CHIEF to CDS. For importers this is particularly...
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