Any business needs to save costs, but did you realise that you may do so while your product is being processed through customs?
We investigate how we may enhance your cash flow and lower your duty expenditure when importing products into the UK through duty management and an initial customs health assessment.
Charges assessed on commodities when they travel across international boundaries are known as customs duties. To safeguard regional enterprises, industries, and economies, specific authorities and bodies established by local governments levy customs taxes. Various products may be subject to varying customs taxes, depending on their country of origin.
Customs duty, unlike VAT, is typically not refundable, therefore businesses must factor it into their pricing since it could affect their profit margin and capacity to compete. We provide guidance and assistance in all facets of global trade, outlining the duty reliefs and/or regimes that might be applicable to your company.
