If you are considering seeking AEO status for your business, you will need to take some time to research the process and what to expect. It is also advisable to put some thought into whether you will hire a company to help you achieve the status, or whether you can do so alone.Read More
What changes are coming into force in 2016? A number of changes are coming into force on 1st May 2016. The Modernised Customs Code, introduced in 2013, will require a guarantee to be lodged if a business wants to use any of Customs’ facilitation schemes, unless the business can demonstrate it opeRead More
What does applying for AEO status mean? The decision to apply for Authorised Economic Operator (AEO) status should be based on whether doing so would benefit the business when compared to the costs of applying for, and maintaining, the standard. Changes introduced in 2016 mean that a guarantee hasRead More
Company 'O' was able to increase the value of sales made to its customer within the contract price after taking advantage of End-Use relief. This meant the initial $3.5million import in a 25 year contract was VAT and duty free.
Cotton importer 'G' was at risk of losing money through the use of a wrong commodity code - this meant instead of 0% duty, 8% was applied, landing them with a bill of £80,000. Our investigations led to the assessment being waived, and the bill being cancelled.
Company 'R' took advantage of our planning advice and structured purchases to ensure they were making the most of their options. Advice given included audit trail help, and anti-dumping duty guidance.