What's been in the News? What have we been up to? What have Strong & Herd (S&H) and our clients been talking about? Here is a quick update - December is Tariff Classification month so keep an eye out for a special Spotlight on the HS2022 update later in the month and live specialist clinics on this topic! For all the latest news & updates, check out our Industry Insights page and don't forget to follow us on LinkedIn!

S&H News: Remember, remember, the 5th of November, Gunpowder, treason and plot.... Leaving behind the latter, November was packed full of announcements from HMRC including the updated BOM (Border Operating Model) and from ourselves November saw the introduction of Live Specialist Clinics.

November also saw the introduction of our new membership package - CDS Community Support

In November 2021:

HMRC publish the final version of the Border Operating Model
For those looking closely at the BOM for clear compliance direction, there’s plenty of information. There are also gaps in the information where HMRC confirm that further detailed updates will follow in due course. It included Import Easements & a POAO, Phytosanitary and Sanitary Goods: Revised timetable: READ MORE

Authorisation Change for Authorised Consignee for Temporary Storage  HMRC announces a relaxation to the requirements for Authorisations for Temporary Storage for Authorised Consignees and Authorised Consignors.

Authorised Consignees are trusted traders, authorised to end the Transit movements of goods and complete customs import formalities at their own premises (away from the border) under the Common Transit Convention (CTC). Authorised traders must ensure that they have a Temporary Storage Facility (TSF) approved by Border Force to enable the temporary storage of goods at a TSF for up to 90 days. READ MORE

Goods Vehicle Movement Service - Go Live GB-EU, EU-GB January 2021
Early preparation for the Goods Vehicle Movement Service (GVMS) is essential, and time is running out if you want to be up and running for 1^st January 2022. Businesses will need time to study and understand the new system, and issues will arise if businesses don’t involve hauliers and drivers in the process...  READ MORE

EU-UK TCA Supplier Declaration - Statement from Managing Partner Sandra Strong
"Since 1^st January 2020, companies in the UK and EU have been trading under the EU-UK Trade Cooperation Agreement (TCA), and there has been a grace period for companies exporting under preference from needing to hold supplier declarations before making the exporter origin statement to enable their customers to claim a zero duty at import. It’s so easy to misunderstand this grace period as terminology within FTAs can be confusing. A supplier declaration is not used to claim preference at import." READ MORE

EU - UK TCA Supplier Declarations - Live Clinic with Managing Partner Sandra Strong
 

In-case you missed it earlier in the month - Spotlight On..... CDS The Customs Declaration Service

Mini VAT Series so far.....
Part One - What is VAT and why is it important?
Part Two - How to Handle Import VAT
Part Three - How do you calculate VAT on an Import?

With thanks to Sandra Strong, Bernard O'Connor, Gail Leeson & Emmanuel Gianquitto for their contributions to this newsletter.