Utilising a freight forwarding agent for Duty and Value Added Tax (VAT) payments to Her Majesty's Revenue and Customs (HMRC) can provide several benefits for businesses engaged in international trade. Here are some key reasons highlighting the importance of using a freight forwarding agent for Duty and VAT payments: Expertise in Customs Regulations: Customs regulations…

HM Revenue and Customs (HMRC) has written to 145,000 VAT-registered businesses trading with the EU about simplified importing procedures and also updated them on the actions that they need to take to prepare. Transitional Simplified Procedures (TSP) for customs will make importing easier for an initial period of one year, should we leave the EU…