New UK tariff suspensions enter force today.

7 weeks to prepare for new import controls.

VAT registration threshold to increase to £90,000

Traders will need to use their XI number for all imports.

A new digital system to manage Union goods.

New import controls begin on 31 January 2024. Is your business ready?

On January 17 the Department for Business and Trade published a “summary of “EU guidance” on the EU CBAM as it impacts the UK.

HMRC are raising record fines for failures in customs compliance.

2 weeks to go until the introduction of new import controls.

HMRC have clarified that electric car charging is VAT standard rated.

The Upper Tribunal has upheld the decision of the First Tier Tribunal that the United Grand Lodge of England did not meet the conditions to exempt its supplies from VAT.

It may be possible to recover UK excise duty on returned goods but the process is not straightforward and is time limited and subject to minimum limits.

January changes to customs procedures for goods moving from the island of Ireland to GB.

UK Carbon Border Adjustment Mechanism announced for 2027

EU Carbon Boarder Adjustment Mechanism (CBAM) - a practical overview

The UK implemented a major change to its system of alcohol taxation on 1 August 2023. The revised taxation regime includes 2 new duty reliefs for alcoholic beverages, Small Producer Relief and Draught Relief, which can be claimed by non-UK producers. Non-UK producers can potentially claim significant discounts on their UK excise duty by using these reliefs.

If you are faced with the civil penalty regime, it is essential to take appropriate professional advice. The 4 Eyes team has considerable experience in navigating the pitfalls and in securing a favourable outcome.

Hold the bubbles for now but bring on the August fizz!