BREXIT Update No. 7
The UK have released their no deal tariffs. We’re still absorbing most of the information (2,000+ pages!) but the key points are that 87% of trade will be free from duty. We have an xl doc with the duty rates shown across 470 tariff lines and understand that if they are not listed, they are nil.
BREXIT Update No. 6
This will allow you to enter the UK with little more than your EORI number as the initial import declaration. It really couldn’t be simpler. For those of you (importers) where we were handling your CFSP, we have already lodged your TSP application.
BREXIT Update No. 5
Customs have created a simplified process known as TSP (Transitional Simplified Procedures). For those of you that are mid-way through CFSP approval we will apply for TSP and let you know. The application process is not yet open but should be in a few days.
BREXIT Update No. 4
We have completely revamped our import and export planning documents. They now include exports from Ireland as well as from UK. The whole process and procedure is mapped out including transit and port operations. We have also included access to further information such as WTO schedules, training videos and process flow charts.
BREXIT Update No. 3
Following the advice from the UK Government and heavy media coverage, the number of companies applying for EORI numbers has increased significantly. However, please do not think it is the answer to everything. Having an EORI number is the first step in the journey.
BREXIT Update No. 2
HMRC recently issued a further communication to around 145,000 UK traders who may be unfamiliar with Customs processes. Copy of the letter is here : https://bit.ly/2UgH0ys We have received many questions about this letter. Let’s deal with them one-by-one
BREXIT Update No. 1
EORI, or Economic Operator Registration and Identification to give it its full name, is (in most cases) your VAT number with some additional data fields. It should not be confused with AEO (Authorised Economic Operator). Unlike AEO, EORI is quick and easy to obtain.
IGD Launches New UK Market And Channel Forecasts
The EU elections delivered some predictable results (in the UK at least) with The Brexit Party doing as well as expected. Some magical mathematics followed with both sides, LEAVE and REMAIN, claiming victory. Only goes to show how split the UK still is.
Lidl Opens 700th UK Store
The new stores in Edinburgh, Stockton on Tees, Hull, Polegate (East Sussex) and Rosehill (South London) prove that Lidl’s accelerated store opening plans are on track. Last July CEO Christian Härtnagel announced that Lidl would double its store opening rate to 50-60 per year for the foreseeable future.
