Advice on Exporting your Car from the UK

For some, exporting their car from the UK can seem like a daunting task that can potentially put people off the process. Deciding on how long your car will remain outside of the UK will determine the documentation that you use as well as the declarations you make to the UK and overseas customs officials. The following information covers the most common eventualities of exporting your car from the UK and advice on completing this process.

Permanent Export

If you are planning on exporting your vehicle from the UK permanently you must inform the DVLA. If you are the registered keeper of the vehicle, this can be done by completing section C of the V5 Registration Document that accompanies your car. Once this is received, the DVLA will send you the Certificate of Intended Export (V561) as a confirmation of your car’s registration. Alternatively, if you have a Registration Certificate (V5C) this can be done by completing and sending the purple section of the document (V5C/4). It is important that you have your Registration Certificate with you when you arrive at your final destination so that you can present it to the relevant authority when the vehicle is eventually registered abroad. If you require any further information, this can be found by contacting us or by logging onto the GOV.UK website.

Temporary Export

If you plan on taking your car out of the UK for less than 12 months you must ensure that you take either your V5 registration document or V5C registration certificate with you. If you have lost your copy, you must inform the DVLA by completing a V62 form. It is important that you apply for this document well in advance of your departure, as your replacement Registration Certificate may take up to 14 working days to arrive and even longer if you are not the registered keeper. Please ensure that you have sent the correct fee for this service and have met domestic and international requirements relating to licensing and taxation of the vehicle.

If you are taking your car out of the UK for a limited time only, you may wish to apply for a Carnet de Passage to avoid paying a deposit to customs officials at your final destination. If you intend to obtain one of these you are advised to apply for it in advance of travelling as it can take well over a month for the process to be finalised.

If you are using a freight forwarder or logistics company, you can normally ship your vehicle without the need of a certificate; however, having this in your possession will significantly reduce your chance of delays at the UK border.

Essential Tips

Besides notifying the DVLA, there are some additional tasks that will be beneficial to complete prior to your departure. These are listed below:

• Documentation – Besides the V5/V5C document mentioned previously, you are advised to carry your valid driving licence, a form of photo ID and the vehicle identification number.

• Keys – Ensure that you carry your extra set of keys for the vehicle.

• Fuel Tank – Fill the fuel tank to at least a quarter full.

• Antifreeze – Due to the potential harsh conditions that your vehicle may be exposed to during transit, it is advised to apply antifreeze and, in some situations, rust protection.

• Vehicle Condition – Thoroughly clean the vehicle inside and out in preparation for checks that will be made on the car. Ensure that the car is in good working order unless otherwise specified.

• Personal Items – Make a list of all personal items left in the car to check off when you reach your final destination.

• Additional Preparation – Disable security systems, remove GPS, stereos or any other portable equipment, remove antennae and fold wing mirrors back.

Vehicle History

If you are not in possession of a valid export certificate, customs officials may check if your car has any outstanding finance payments left on it. This is particularly common with new or high value cars. If they discover that it does, they may not grant you permission to cross the UK border without written permission from the finance company. Checking this information before you travel will significantly reduce delays at the port.

International Duty and Tax Requirements

A good freight forwarder will be able to ship your vehicle to anywhere in the world; however, you may be liable to pay import taxes and fees when it arrives. Whilst most freight forwarders can assist you with this, it is your responsibility as the owner to adhere to any import requirements and regulations that the country you’re travelling to requires. Failure to do so may result in expensive fees, delays and potentially the confiscation of your vehicle so it is important to check this before you depart.

Logistics Solutions for a Post Covid-19 World

In four short months, the COVID-19 pandemic has brought the world’s economy to its knees and changed its course forever. The aviation industry with particular emphasis on cargo has been one of the key industries to suffer and will need to act fast in order to adapt and recover from its losses.

Business owners are having to make some tough choices in order to survive the ‘new normal.’ As we speak, companies are introducing new policies to alleviate the impact on supply chain and to maintain its profitability. If you are a business owner looking to regain your footing in your industry post-COVID, read on for the current methods companies are adopting to survive:

1. Higher Inventories

Due to the global pandemic, many businesses with stretched supply chains and low inventory levels were severely impacted. As a result of this, we will see many companies choosing to maintain higher inventories to mitigate the issues that have arisen. Industries that have specifically benefitted from this include those that are dealing in critical goods such as pharmaceuticals. Although this measure requires a higher amount in capital, it is thought that consumers will favour businesses that show a more resilient and sustainable approach therefore increasing demand and profitability.

2. The End of Single Sourcing

With trade tensions rising between China and the rest of the world, we are now seeing a decrease in single sourcing. Companies are now looking to reduce their dependence on China and are seeking alternative countries for their supplier needs.

Returning to pharmaceuticals, many drugs are manufactured in China and India due to low costs. China alone supplies 80% of the worlds active ingredients contained in antibiotics; however, this is likely to change due to the relaxing of EU patent laws. In the past, this law has provided a 20-year protection on any drug produced there and has encouraged many companies to produce drugs outside of the continent. The new changes potentially make Europe a much more attractive place for pharmaceutical production and we could see a lot more production taking place as a result of this.

There is a possibility that global health insurers may impose quotas, including products and ingredients from specific suppliers, which could also mark the end for single sourcing. Despite this, a large amount of non-generic drugs will continue to be made in China and India due to costings, particularly if the countries have a vast quantity of safe stock and have the capabilities of mass-producing critical medicines.

3. Business Travel Reduction

Key business changes such as remote working and video conferencing, that assisted employees during lockdown, look set to become the norm for previously office-based workers. With this in mind, business travel undoubtedly will experience a steep decline with a knock-on effect to industries such as automobile manufacturing, as less people feel the need to buy a car. This decline will have a considerable impact on global economies with Europe alone, depending on car manufacturers for 10% of their overall revenue. The industry was already suffering with the recent developments in electric car manufacturing which requires fewer parts from a combustion engine, this coupled with the disruption to the supply chain spells bad news and their monopoly in the transport world looks set to end.

On a positive note, e-commerce businesses will emerge from this crisis as the big winners as more consumers realise the benefits of shopping online without having to leave their homes. The increased popularity in online shopping will be welcomed within a suffering air cargo industry which could see a potential return to pre-COVID profitability a lot sooner than expected.

The Importance of Freight Forwarders in the Current Climate

It’s hard to predict what a post-COVID world will look like for the airline industry. With part nationalised airlines receiving government bail outs, business and commercial travel looking set to decrease and a fluctuating oil price, it can start to look like a minefield for all involved. Senior management will need to act fast to implement the appropriate social distancing measures and key strategies to stay afloat; however, all is not lost. If predictions pay off and countries continue to hold higher inventories and near source their products, this could cause inflation and interest rates to rise. If this were to happen, holding expensive goods for a longer time may not be as cost-effective as previously considered, which could see more businesses favouring air freight over the alternative methods.

For business owners that rely on the transportation of goods, now is the time to instruct the services of a reputable freight forwarder, particularly one that keeps themselves abreast of developments and can navigate all these new changes to the industry to ensure the most cost-effective method of sending and receiving vital shipments for your company.

Time to Take Action

Make no mistake, the measures that have been introduced as a result of COVID-19 are here to stay and industries, such as logistics, will work very differently. This is undoubtedly one of the greatest, if not the greatest challenge that the modern world has ever faced. The time to take action is now and those who are willing to adapt will prosper.