Tribunal Loss Opens Risk of Duty Demands on Preferential Origin

In a recent Tribunal case, Princes faced a challenge familiar to many businesses: claiming preferential duty rates without the required statement of origin. During a routine…


0 Comments5 Minutes

Hiring a Customs Duty Consultant: Key Considerations for Businesses

Choosing the right customs duty consultant is crucial for effective compliance and cost optimisation. This article from Barbourne Brook outlines essential considerations, drawing…


0 Comments9 Minutes

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) comes into effect from December 2024. Imports and exports with ratified countries will benefit…


0 Comments1 Minutes

Smart Customs Planning: Achieving Savings Through Strategic Planning

There are all sorts of tried-and-tested customs planning options applicable to different scenarios. But often, two different planning options, such as preference use under a Free…


0 Comments4 Minutes

New HMRC Guidelines on Customs Responsibility: What Businesses Need to Know

HMRC has updated its guidance on business responsibilities with customs agents, clarifying who is liable for customs debts — a crucial issue for international trade companies.


0 Comments4 Minutes

Aligning Customs Strategy with Financial Goals: A Guide for CFOs

Are customs operations taking a backseat in your financial strategy? Overlooking this area could lead to unexpected customs duty costs, particularly in a post-Brexit world where…


0 Comments5 Minutes

Nike’s €1.5 Billion Import Dispute: The Costly Risks of Underestimating Customs Regulations

Even the biggest names in the industry aren't immune to customs planning errors. Recent developments indicate that Nike faces scrutiny for potential customs violations at its EMEA…


0 Comments3 Minutes

HMRC’s ‘Modernised Authorisations’ Process Launches This Month

HMRC's ‘Modernised Authorisations’ (MA) portal aims to simplify, standardise, and digitalise the customs authorisations process by grouping 42 different procedures into five…


0 Comments3 Minutes

The Hidden Truth About Customs Declarations: Accuracy and Responsibility. What Happens When It All Goes Wrong?

Many Finance Directors are surprised to learn that they hold ultimate responsibility for customs declarations, often unaware of their obligations and liabilities. This lack of…


0 Comments6 Minutes

Bodysuits and Bollinger: Misclassification of Goods in Customs Declarations – Risks and Mitigation

In international trade, accurate classification of goods in customs declarations is crucial. A minor error, from a recent case, such as a misclassifying a garment as ‘champagne’,…


0 Comments4 Minutes