All You Need To Know About The IOSS
For non-EU sellers, the IOSS is possibly the most important aspect of the EU VAT reforms. Since the 1st of July, it has been possible for sellers to streamline their operations by submitting most of their EU VAT returns in one monthly return via the IOSS. This is...
Returned Goods Relief: Who, What, Why, When & How
Did you know that exporters and importers can claim a relief which allows them to pay less Customs Duty and VAT when they re-import to the UK? This is thanks to a mechanism created by the UK government. Termed Returned Goods Relief, the mechanism minimises the amount...
How To Prepare For The New Customs Control Rules
The HMRC announced last week that it would be contacting over 160,000 businesses to inform them of the steps they need to take before the beginning of 2022 to ensure that they can continue to trade with the EU. Those of you who kept up with the debacle following...
HMRC Trade Tariff Tool For Your Commodity Code
When it comes to importing or exporting to and from the UK, commodity codes are a vital component of the process. These codes help to categorise goods and give sellers vital information about them, such as whether you need a license to sell those goods and also how...
