Rules of Origin webinar available for East of England businesses
Since 1 January, under the UK-EU Trade and Co-operation Agreement, traders don’t have to pay customs duty to import EU originating goods from the EU or export UK originating goods to the EU as long as they meet the Rules of Origin requirements under the agreement.
Rules of Origin are used to determine the country where materials, parts or ingredients of the goods have come from and specify the minimum amounts of EU/ UK content that is required to be considered originating in either market. Once the origin of the goods is known it can then be determined whether they qualify for a preferential tariff.
Further information, help and support is available here:
Claiming preferential duty rates between the UK and the EU
Importing from and re-exporting union goods to the EU
Traders making use of delayed declarations for imports into Great Britain from the EU, up to 31 December 2021, are required to complete a summary declaration at the time of import, which must later be followed up by a supplementary declaration. These declarations are required within 175 calendar days of import, so a trader who imported goods on 1 January 2021 will need to complete their first supplementary declaration by 25 June 2021.
The YouTube webinar is available at: www.youtube.com/watch?v=xOFrLn5RpZE