Complete Customs Health Check
Background
International markets and borders have never been more complex following Brexit (2021) and the end of staged customs controls (2022).
The new requirements for importing and exporting mean that traders and their teams have ever-increasing responsibilities, including filing import and export customs declarations and transit documents.
Governments provide lots of guidance; however, this can be time-consuming and challenging to decipher. Many businesses need concise, easy-to-understand options that will be compliant with HMRC and overseas tax authorities.
The problem
Lack of compliance with HMRC can expose businesses from a financial and legal point of view. When trading with overseas markets, UK businesses acting as the exporter or importer of record have the responsibility for acting in accordance with HMRC rules and regulations.
Lack of training and knowledge of International Trade can often cause compliance issues which lie dormant until a problem arises. HMRC has a right to investigate and recover unpaid debt, apply civil penalties or criminally prosecute.
Typical scenarios:
Absence of a customs declaration
Insufficient/credible proof of origin
Ineligible preferential goods
Incorrect application of customs procedures
Wrong commodity codes
Incorrect calculation of goods value
Lack of evidence/proof of export
The solution
ChamberCustoms offers a complete customs health check to identify any areas of concern in relation to HMRC compliance. This enables you to take a proactive approach to customs compliance and risk management.
Here is what you can expect from our customs health check:
Remote audit of 5 sample entries
Review of contracts with 3rd parties
Review of QMS procedures
Follow-up meeting and debrief
Personalised report with recommendations
Benefits
Identify aspects of your imports and exports that may expose you to fines and penalties
Receive guidance on how to rectify areas of non-compliance
Develop a deeper knowledge and understanding of HMRC rules and regulations
Discover potential savings on duty and import VAT
Establish robust processes and procedures for your International Trade transactions
Who we are
ChamberCustoms is wholly owned by the British Chamber of Commerce.
Our consultants are experienced in all aspects of compliance in international trade.
We harness the reach, expertise and knowledge of a network of experts in 52 Chambers across the country.
Take our 5-minute Q&A to receive a free, personalised report highlighting areas where you could increase HMRC compliance, reduce costs and improve efficiency.
What our Customs Consultancy customers say:
If you are looking for a customs clearance agent to file customs declarations on your behalf and keep you trading compliantly, you might be looking for our Customs Clearance service, find out more here:
If you are looking for Customs Training Courses from our industry expert trainers, you can find these here: