Customs Training

3 months post Brexit – is your business coping with being exposed to customs processes and UK and overseas VAT as a result of the UK’s departure from the European Union?

If there are still problems to be solved then upskilling your team will enable those challenges to be met.

MHA has developed a successful, in-depth and practical training course for businesses who are impacted by the customs changes resulting from Brexit.

Our training is designed to educate and support employees whose roles are directly impacted by Brexit.

On the 1st January 2021 the UK exited the Transition Period and departed the European Union in terms of the transitional membership of the Single Market and Customs Union. As a result, UK businesses who trade with the EU will be required:

  • to submit import and export declarations to HMRC
  • to comply with the terms of the Trade and Cooperation Agreement between the UK and EU, particularly in relation to the rules of origin
  • to ensure their goods are correctly classified
  • To assist businesses in ensuring they can implement these changes, H.M. Revenue & Customs (HMRC) have announced an SME Brexit Support Fund of £20m.

Businesses have until the 31 August to submit claims but we know that this funding will not last long so we recommend that urgent action is taken to ensure your company does not miss out. Applying for the grant funding means your company can have all the benefits our training provides without the cost impact on the business.

Our training meets all the requirements of the HMRC Training Grant and has been developed by an experienced ex-HMRC Customs Officer. We provided training and support throughout the last funding cycle and are listed with PwC and HMRC as a provider.

The training covers all the aspects of importing and exporting that your business will need to deal with such as:

  • How Brexit will impact on your business – what are the legal requirements and easements provided by the UK?
  • How to classify your goods
  • How to value your imports for Customs purposes
  • Customs Duties – What are they and how are they calculated?
  • Rules of origin – what are they and how are they used?
  • Export Licensing – How to confirm if goods require a licence
  • Import declaration process and how to minimise errors
  • Shipping terms
  • Roles and responsibilities of the importer, exporter, and freight forwarder
  • Duty reliefs such as Customs Warehousing, Inward Processing and Temporary Admission
  • HMRC Customs Audits

If you would like to discuss any of the content above please get in touch with our indirect tax partner Jonathan Main on jonathan.main@mooreandsmalley.co.uk

This article originally appeared on MacIntyre Hudson, please click here to view it.