UK exchequer may have lost up to £30bn of VAT via non-declarations

There could be upwards of 100 million customs declarations not made post-implementation, according to head of international trade and customs at Fujitsu, Frank Dunsmuir. Fujitsu hosts the CHIEF customs declaration system. He told The Loadstar that “easily around £30bn” of VAT had been lost due to HMRC’s six-month (175-day) delay on declarations for goods imported between 1…

Can Technology Solve The Post-Brexit Woes Of British Exporters?

18th March 2021 – Just a few months into the U.K.’s new relationship with Brussels, British exporters to the EU are struggling with mounting Brexit red tape and border disruption. Half (49%) of U.K.-based exporters were facing extra costs and delays in shipments to and from the continent, due to extra border checks and paperwork,…

Think no-deal is bad? A deal will not be much better

25th October 2020 – Businesses in the UK are being urged to prepare for Brexit, but the misinformation peddled by the leave campaign in 2016 and since, is making the government’s task that much harder. Soothing words from the prime minister claiming we will “prosper mightily” after a no-deal Brexit, have led many to think…

FTAI partners with Declaron to offer Ireland-Britain customs service 202

24th September 2020 – Access to sufficient numbers of expert Customs agents and brokers will be critical to the continued free flow of goods between Ireland and Britain, once the Brexit transition period comes to end on 31 December 2020, according to Freight Transport Association Ireland (FTAI), the business group representing the Irish logistics sector.…

Dealing with customs declarations key to avoid being overwhelmed by Brexit

20th September 2020 – Regardless of the outcome of the Brexit negotiations, our trading relationship with the UK will change fundamentally and irrevocably on January 1. While the Brexit process may have been plagued with uncertainty up until now, the only absolute certainty in relation to the trading relationship is that moving goods to, from,…

Dealing with customs declarations key to avoid being overwhelmed by Brexit

September 20 2020 – Regardless of the outcome of the Brexit negotiations, our trading relationship with the UK will change fundamentally and irrevocably on January 1. While the Brexit process may have been plagued with uncertainty up until now, the only absolute certainty in relation to the trading relationship is that moving goods to, from,…