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393 results found for "introduction to export"
- Latest survey reveals export growth remains stagnant
Proportion of UK exporters reporting increased export sales (29%) was largely unchanged for the 4th quarter On the other hand, B2B Service exporters were more likely, compared to the exporting manufacturers or B2C service exporters, that profitability would increase over the next 12 months. where these structural factors holding back our exporters are addressed. Struggling to grow your export business?
- HMRC announced important updates on EORI and VAT registrations
Please see below the verbatim message received from HMRC and taken from BIFA website: If a business deregisters for VAT, any Economic Operators Registration and Identification (EORI) number(s) they hold will also be removed at the same time. EORIs are needed for authorisations, including a UK Internal Market System (UKIMS) authorisation, and licences. To continue using these there are actions a business needs to take: Authorisations (including Duty Deferment Accounts and guarantees) – contact the supervising office. This can be found in the authorisation correspondence received originally. Licences – to continue using these please contact the issuing government department If a business still needs an EORI number, they can apply for a new GB EORI number. The number is usually confirmed immediately. Once a business has a GB EORI, they will then be able apply for an XI EORI number, if needed and they meet the relevant criteria. The number will be issued within five working days of applying. If a business needs help getting a new EORI number, please contact HMRC. General, HMRC
- World Exhibitions in Autumn and Winter - How customs ready are you?
As exporters get ready to participate in global exhibitions across different sectors, if you are a British So, if you are an exporter planning to attend any of these upcoming exhibitions for which you are taking goods out temporarily or which you may intend to sell, then please check with our expert team what
- Discover New Markets and Boost Your Exports - New GMCC Business Clinics Focusing on Vietnam and Germany Launched!
Join us for two exciting virtual business clinics dedicated to helping British companies expand their exports and Greater Manchester and it offers great opportunities for expansion with over USD$14bn of untapped export Secure your session today and take the first step towards successful exporting in Germany! products and services to one of Southeast Asia's fastest-growing markets where British companies could be exporting growth and success by tapping into Vietnam's vibrant economy with the strength and quality of British exports
- ATA Carnets for temporary exports
Ownership status The UK Carnets must only cover UK owned goods and the goods must be located and exported and are bound for an “inventory linked” port or airport they may need to be included on an Import and export the goods are being sent to a non-inventory port or airport you may need to complete an Import and export : presentation of goods for export (arrival) (C1601) form. It is anticipated that you should apply for export / re-export vouchers rather than transit vouchers
- Export Control Joint Unit – New Notice
From late autumn 2021, the Export Control Joint Unit will introduce the mandatory inclusion of EORI number on all UK export licence applications. This new requirement will apply to all export control licences applications where a customs declaration is to be made to HMRC’s Customs Handing of Import and Export Freight (CHIEF) or the new Customs Declarations -202113-eori-numbers-in-spire/nte-202113-eori-numbers-in-spire If you need any help applying for an export
- Economic Outlook: Divergent Trends in the UK and Greater Manchester
Q2 2024, published by the British Chambers of Commerce (BCC), paints a sobering picture for UK SME exporters Despite a minor three percentage point uptick, only 27% of SME exporters reported an increase in export This stagnation has been a persistent issue since the pandemic, with the BCC’s SME export sale indicator In contrast, 37% of SME exporters reported an increase in sales this quarter. Bain, Head of Trade Policy at the BCC, emphasised the need for government intervention to revitalise exports
- Delays in Windsor Framework Implementation
mainly business-to-business parcels being due to face customs processes for the first time, with the introduction
- UK – Australia free trade agreement offers enhanced trade opportunities for UK exporters
DBT has highlighted key benefits of the deal for UK exporters which include the following: Removes tariffs on all UK exports to Australia, making it cheaper to export everything from cars and whisky to UK fashion businesses can use some imported parts and ingredients and still qualify for the new 0% tariffs when exporting Of particular interest to UK exporters with expertise in road/rail, agriculture, manufacturing/trade For UK exporters with agricultural expertise, relevant projects include A$1bn (~£535m) to strengthen
- Quoting your first export order? What you need to bear in mind!
Before you start exporting your goods globally, it is very likely that this will start with a quote request However, when preparing a quote for export, there are several aspects that exporters need to consider However, in most cases, we will advise exporters against using EXW, as it can prevent you from having sufficient evidence of export should you be audited by HMRC. Customs Clearance and Export Documentation – In most cases, apart from EXW, the exporter is at least
- Latin America and the Caribbean: Markets of Opportunity for UK Businesses
Manchester Chamber of Commerce, you will gain strategic insights, connect with international trade experts Business Clinic taking place on the 30th Jan 10AM-2PM and take the opportunity to speak with market experts
- What are Export Controls and how do they operate?
Now the UK has left the EU, export controls are fully in place and are no different from the regulations What are Export Controls? It is estimated that only about 5% of UK exports are subject to export control, however, if you are an controlled by UK strategic export control legislation. covers the export of their goods to the destination required.
- UAE introduces new Corporate Tax Applicable to all Free Zones
On 1st June 2023, the United Arab Emirates (UAE) introduced a new Corporate Income Tax (CIT) policy which The introduction of a 9% corporate income tax in the UAE can be advantageous for UK businesses operating This event in partnership with LD Export, our GMCC Approved Supplier, that helps European SMEs expand You can book a one-to-one session for 25 minutes with our Middle East market expert.
- BCC welcomes proposals for new Northern Ireland protocol agreement
institutions will seize this opportunity to improve our relationships, cut costs and remove red tape for exporting
- US Liberation Day: 195 Countries hit by new wave of reciprocal tariffs
April 2025 • This includes a broad range of manufactured and semi-finished goods. • Likely to affect UK exporters Ireland paying more for US goods than customers in the rest of the UK. 2. 25% Tariff on Automotive Exports manufacturers and suppliers of automotive parts. • Particularly impacts brands with US operations or exports The introduction of these tariffs could lead to several scenarios affecting UK businesses: Direct Impact on Exports: The overall cost of exporting goods to the US will increase, potentially reducing competitiveness
- Why Customs Compliance Matters
anything from customs processes, documentation, rules of origin, evidence, tariff classification, VAT, export Quote: CC10% Check our wide range of export, import and customs training courses which can help keep Visit our Trade hub’s news section here Get in touch with us via email at exportbritain@gmchamber.co.uk
- Could Australia be your next export market?
At present, it is estimated there is over USD$2.6bn2 worth of untapped export growth potential for British Contact GMCC Trade team at exportbritain@gmchamber.co.uk for further support.
- ECJU: “HMRC issued compound penalties up to £54,000 for unlicensed strategic exports”
The ECJU - UK’s Export Control Joint Unit – indicated in a notice to exporters on 10th January 2022 that So, if in doubt, start by using the UK’s Export online tool to verify export requirements and also check consultation on different aspects of UK export controls outlined below: In-house and bespoke export Export Control compliance. and export control regulations.
- Last Chance to Enter Our Exporting Excellence Award
Are you a successful Exporter? Have you grown your export business in the last three years? Has your business become more innovative thanks to exporting? Then our Exporting Excellence Award is for you. Apply for our Exporting Excellence Award and take on this opportunity to showcase your successes. Who is sponsoring the Export Excellence Award?
- The Dark Side of Popular Trade Regime 42
Regime 42 was introduced in the early 2000’s original as a stimulus to incentivise foreign businesses For the uninitiated, VAT is a hefty upfront cost when importing goods—especially for UK exporters who With France being the gateway for many UK exports to the EU, it’s no wonder that Regime 42 and France Instead, UK exporters should consider more stable alternatives such as VAT registration in the EU as Simply book a complimentary 1-2-1 with our VAT expert on hte link below!