With the end of the transition period rapidly approaching, it is becoming increasingly important that you have a plan in place for your business.
As you may know, regardless of the outcome of the withdrawal agreement, all goods crossing the border to the EU from the 1st January 2021 will need to go through customs clearance. Getting this right will mean that you will be less likely to be affected by delays and will help to keep your business running as smoothly as possible.
If you have never traded outside of the EU before, you may feel slightly overwhelmed by the recent UK Government announcements regarding customs.
To help you through the new customs processes, you may be looking at the using a Customs Broker.
What is a Customs Broker?
A Customs Broker works on behalf of a business that imports or exports goods. They help their clients make sure they have all the correct legal documentation required to conduct international trade seamlessly.
A customs declaration (C88) is used to calculate customs duties (the tax on imports and exports). A Customs Broker is responsible for ensuring that the correct amounts are paid, preventing delays and possible fines.
Do I Need to Hire a Customs Broker?
There are no legal requirements for you to hire a Customs Broker. However, if you are unfamiliar with international trade laws, customs clearance processes, restrictions and regulations, it may be beneficial to find out how they can help you with this part of your business.
What can a Customs Broker do for me?
Customs regulations and procedures can change quite regularly. Having a Customs Broker will mean that you don’t need to worry about the complex nature of customs as they will be responsible for keeping an eye on the finer details.
Using a Customs Broker will also mean that you make accurate customs declarations. This includes the correct commodity codes, tariff classifications, licences and documentation. Using a Customs Broker, you can continue to run the day-to-day parts of your business that you enjoy, whilst they look after the new customs processes.
As a Customs Broker offering a digital customs service, CustomsLink can help you prepare for the new requirements. Don’t delay, start getting prepared today!