As promised by HMRC, Spring also saw the release of the highly anticipated Border Target Operating Model (TOM), which we will review over the coming weeks.
 
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S&H News: We hope you enjoy the four-day weekend and wish all our clients a peaceful Easter break, although we know many will not stop, as the world of international trade is always turning. 
 
UK Joins CPTPP Trade Group
The UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
 
Spring Budget 2023 Customs Measures
The Spring Budget for 2023 has been announced, and here we have rounded up the changes to Customs Measures. The budget package announced mainly aims for tax simplification and economic growth.
 
 Cultural Considerations in International Business 
Culture is like breathing. It’s so automatic that we don’t even notice it. 
 
Tariff Classification of Aerospace Components 

Tariff Classification can be a complex area at the best of times. However, after listening to many clients, we understand that products within the Aerospace industry can be more complicated than most. Numerous horror stories exist regarding levels of poor Tariff Classification, and even more disturbing is what can come at audit when these mistakes are found.
 
 UK-Ukraine Digital Trade Agreement
UK signs historic trade deal with Ukraine as part of enhanced support.
 
Introduction of Customs Advanced Valuation Rulings
As part of the Spring Finance Bill, HMRC announced that they plan to grant Advanced Valuation Rulings to customers importing into the UK. This will be through a piece of legislation that will amend section 24 of the TCTA 2018 to include Customs Valuation
 
Windsor Framework - an Agreement in Principle
Following a Windsor meeting between Prime Minister Rishi Sunak and President of the European Commission, Ursula Von Der Leyen, the principle agreement known as the Windsor Framework has been published.
 
What is an EORI Number, and why do you need one?

The EORI number serves as a unique identification number in the completion of Customs formalities. It replaced all national registrations used previously for Customs purposes and is distinct from a Company's National VAT Registration. 
 
Report a problem using Customs Declaration Service 

HMRC has created a new system to report any issues encountered with making a declaration on the Customs Declaration Service (CDS).