- Government to simplify customs declarations for imports and exports
- Traders may have to provide up to 25% less information
- Announcement follows recent consultation in June 2023
- Consultation sought views on simplifying customs declarations and technology use
- HMRC to use consultation responses to inform border transformation programs.
Source: rpc.co.uk
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"
- New Updates on Correcting VAT Errors: Key Changes and Guidance for Businesses
- Colleges Win £2.8 Million Tax Rebates Amid VAT Rule Dispute with HMRC
- Tribunal Rules on VAT Status of Government Grants for Free Educational Services by Colleges
- The UK Should Lower or Abolish, Not Raise, Its VAT Registration Threshold
- UK Should Lower or Abolish VAT Threshold to Boost Small Business Growth and Efficiency