The Latest Industry Insights and News Updates Between Business Sectors and UK Customs Duty
Opportunities And Threats When Starting A New In-House Customs Role
Taking on a new in-house customs role can be an exciting career step. Experienced customs professionals can make a significant difference…
Customs Law Update – December 2023
Welcome to the first edition of our new Customs Law Update. It aims to provide customs professionals with a succinct summary of changes in…
Important Announcement Regarding Crackdown On Russian Sanctions
The government has this week announced that a new unit has been created to strengthen enforcements and clamp down on companies evading…
€66 Million Fine in EU E-Bike Case is Warning to UK Import Businesses
Two EU Importers face legal proceedings which could potentially result in fines of up to €66 million and up to 5 years in prison, following…
Shoe Retailer Foots ‘Excessive’ HMRC Penalty After Admin Errors
In this article, customs consultant Monica Ryder, Barbourne Brook, highlights the lessons to be learned from a recent court appeal by…
Jeweller Faces £1.4 Million HMRC Duty And Tax Demand As Appeal Fails
Barbourne Brook has advised import businesses to see the recent £1.4m HMRC demand issued to Fatima Jewellers Limited as a warning and to…
99% Of Import Businesses Overlook Right To Visibility Of HMRC Customs Data
All import businesses have the right to view their customs data which is stored by the HMRC, containing full details of declarations made…
Effective Financial Leadership In Customs Part 4: Reducing Costs & Injecting Cash Through Reclaims
The financial management of customs duty is a complex and often unwieldy task where opportunities to increase efficiency often go by…
80% Increase In HMRC Revocation Of Customs Warehouses
Recent figures issued by HMRC should be seen as a warning flag to businesses currently using customs warehousing to gain relief on customs…
Effective Financial Leadership Part 3: Understanding the Scale of Customs Compliance Risk
This article considers the risks associated with customs compliance from a finance perspective. Essentially, customs is a core part of tax…
HMRC Customs Penalties Increase By 34%
New information released by HMRC has shown that penalties from customs audits have increased by 34% over the last 12 months. This more…
Effective Financial Leadership Part 2: Taking Strategic Control Of Customs Duty Management
This is the second article in a series that takes a strategic look at customs planning. Our previous article (hyperlinked) focused on…