- New civil penalties for breaches of reporting obligations in import/export of goods
- Penalties added to Customs (Contravention of a Relevant Rule) Regulations 2009
- Penalties apply to breaches of new regulations in Customs (Import Duty) Regulations 2019 and Customs (Export) Regulations 2020
- Penalties may apply to failures in meeting reporting obligations for import/export of goods, including movements to/from installations on UK continental shelf
- Regulations required to align customs and excise duties with those in the UK
Source: gov.im
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- Post-Brexit VAT: Why the EU Accepts Imperfect Export Proof but the UK Demands Perfection
- VAT Input Tax Denial Under Kittel Principle – Appeals Allowed Against HMRC
- SK Metals Ltd v HMRC: VAT Input Tax Deductibility and MTIC Fraud Knowledge
- UK Chancellor Considers VAT Rate Adjustments and Threshold Changes in Upcoming Budget
- Upper Tribunal Rules Cosmetic Treatments by Medical Professionals Can Qualify for VAT Exemption