The Latest Customs Insights and News Updates
Protected: Product Recalls and Customs Duty: Hidden Costs, Missed Opportunities
In the food and beverage sector, product recalls are an unavoidable part of business—but their financial and operational impact is often…
The Hidden Customs Risks That Could Derail Your M&A Deal
Why overlooked customs operations can inflate liabilities, reduce valuations, and trigger post-deal surprises and how to protect your…
Liberation Day Tariffs: What UK Businesses Need to Know
The reintroduction of sweeping US tariffs under Donald Trump’s proposed “Liberation Day” policy is fast becoming a material risk for UK…
Importers … Can You See What HMRC Sees? Unlocking Your Customs Data
Many businesses trust that their customs declarations are accurate—until an audit reveals discrepancies between HMRC’s records and their…
Customs Compliance Gone Wrong – Key Lessons from a Tribunal
The QHH tribunal case centred around the customs classification of Roll-Up Banner Stands (RBS) and the liability for customs debt. The…
Are Your Brokers Doing a Good Job? The Data May Surprise You!
34% of customs declarations contain errors. That’s the reality based on our analysis of 2.5 million declarations. For businesses managing…
HMRC Customs Audits: What Every CFO Needs to Know
As a CFO or Financial Controller, your role extends beyond financial oversight—you are responsible for managing risk, optimising costs, and…
Working with Customs Brokers: Everything You Need to Know about Accuracy, Responsibility, and Risk
By taking a proactive approach to better understand standard customs broker contracts, you can assess the implications and determine…
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…
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…
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…
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…