International Trade Transition Webinar

With just over 100 days until the end of the transition period and the UK’s exit from the Single Market and the EU Customs Union, this webinar focuses on some of the significant changes that will influence the customs duty and domestic VAT trading landscapes and obligations on supplies of goods and services.

HMRC collects around £34 billion in VAT, customs and excise duties each year from cross-border transactions.

Although the new Border Operating Model, UK Global Tariff and additional policy easements may alleviate some issues there will be taxing times ahead as businesses look to revise their supply chains and establish what will become their ‘new business normal’.

Whether you trade with the EU, Ireland, or globally change is coming - being forewarned is forearmed. Depending on your existing and future trading partners there are obstacles you may need to negotiate:

• The requirement to submit customs declarations for current intra-EU trade - additional information will be required, supporting documents and associated costs.
• The requirement or need to register for an EU EORI number or use an overseas indirect tax representative as an alternative.
• or businesses that trade with Ireland - what consequences and requirements are associated with a dual tariff regime?

We will look at each of these areas and more in this webinar, consider how the customs duty and domestic VAT positions may change and highlight the adaptations you may need to incorporate within your existing supply chains.

Please ensure that you register your interest early as we have limited numbers of seats available.

If you have any questions regarding the webinar topic, have a question for our panel or would like to arrange a call with a member of the team, please email [email protected]

Thank you for your interest and we look forward to having you join this webinar and to supporting you through this next phase and into 2021.