A new proposal for overhauling the auditing process and weakening the market grip of the “big four” was made by the UK Government last week. The new proposal would result in making company directors responsible for spotting fraud.
Category Archives: Customs News
£20 million SME Brexit Support Fund opens for applications
Smaller businesses are now able to apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU. The £20 million SME Brexit Support Fund enables traders to access practical support, including training for new customs, rules of origin and VAT processes.
Prime Minister: “Our international ambitions must start at home”
A new landmark foreign policy and a national security review will set out the PM’s vision for a stronger, more secure, prosperous and resilient UK in 2030 its been announced. The new strategy will drive investment in domestic industries like defence, technology and alternative energy.
UK delays post-Brexit import checks to give more time to prepare
On the 11th of March Great Britain has taken the decision to delay the introduction of a range of post-Brexit import checks on goods from the European Union by around six months, saying businesses needed more time to prepare because of the impact of the Coronavirus pandemic.
British firms hit by EU delays
Three-quarters of British manufacturers are struggling to cope with delays in moving goods in and out of the EU amid continuing disruption caused by Brexit and the Covid pandemic, industry figures said. A recent Brexit trade survey found that 74% of British firms have been hit by delays with EU markets.
USA suspends tariffs on UK goods
The UK and USA have today agreed a new joint approach to the longstanding trade conflict over aerospace tariffs. The United States will temporarily suspend all retaliatory tariffs on direct exports from the UK to the US resulting from the Airbus dispute for four months, in an effort to reach a negotiated solution to theContinue reading “USA suspends tariffs on UK goods”
East Anglian Freeport gets green light
“The hard work starts now” on a new tax-free zone covering Felixstowe and Harwich which is expected to give a £650million boost to the region’s economy – after it was given the green light in the Budget.
Time to apply for a Customs Authorisation?
Time to apply for a Customs Authorisation? The UK-EU Trade Agreement is now in full affect. Free Trade Agreements are being made with countries outside of the EU on a weekly basis right now. So what does this mean when it comes to applying for a Customs authorisation?
Rules of Origin and the Irish dilemma
The new Rules of Origin that came into affect on the 1st January 2021 have been what has caused many issues & problems for our clients, especially those that send goods into Ireland.
Changes to the Vehicle Booking System (VBS)
The Port of Felixstowe are making a number of changes to the Vehicle Booking System (VBS). Changes will come into affect at 09:00AM on Monday 22nd February 2021.