If you are moving goods from the UK to the EU, the Chamber can help
A T1 transit document allows goods to travel from the UK to an EU destination country without the need to make an import declaration at the first port of entry into the EU.
The Chamber will submit and monitor transit declarations on your behalf. For example, for goods travelling to Germany by road, you can enter the EU through any coastal port without the need to declare customs. The import declaration can therefore be made in Germany once the transit movement has been completed.
The main benefit is that no customs duties or taxes are payable as the shipment moves from one country to the next within the EU.
To find out more, register for our Export Club session on 27 July or get in touch with the International Trade Team on 01223 237414 or email customsdeclarations@cambscci.co.uk.
Export Club: Customs Declarations and Transit Declarations
Tuesday 27 July, 4.00-5.00pm
Our Export Club events provide vital, informative presentations from guest speakers specifically designed for our importers and exporters to develop their knowledge of key issues and to share their experiences with others.
Join us this month as we explain the purpose of Customs Declarations and Transit Declarations, why you need them and how to access this service from the Chamber.
Richard Bartlett, Managing Director of Export Unlocked, and Karen Cash, Export Team Supervisor at the Chamber, will clarify the purpose of these declarations and answer any questions. Richard will also advise on the training courses that are available through the Chamber to support your international trade journey.
This event is free to attend. Please register here >
Survey launched to hear business views on post-Brexit trade with EU
A call has gone out to businesses in Cambridgeshire and Peterborough to share their first-hand experiences of Britain’s new trading relationship with the European Union.
The Business Board, the Cambridgeshire & Peterborough Combined Authority, and the Cambridgeshire Chambers of Commerce have launched a joint survey and are appealing for feedback from as many business leaders as possible.
The results will help both organisations better understand the issues businesses across the region are currently facing, allowing support and resources to be targeted where they are most needed.
The survey covers importing and exporting of goods, skills and labour shortages, customs declarations and transport and logistics.
The survey can be completed here >
TRAINING & EVENTS
Crossing Continents - Moving goods under Transit
Thursday 22 July, 2.00-3.00pm
The volume of goods being exported from the UK under the Common Transit Convention has increased significantly since Brexit.
- Why is this method of import and export becoming more popular and how does a trader access the service?
- What are the advantages and disadvantages to using Transit?
- What is the role of a consignee and a consignor?
- What does it cost to move goods in this way?
Join us to find out answers to these questions and hear from our Director of Trade Facilitation and Chamber Customs and also experts from HMRC.
Register here >
Incoterms 2020
Tuesday 10 August, 10.00am-2.30pm
Incoterms ® were first published by the International Chambers of Commerce in 1936. They are a set of internationally recognised, three letter acronyms, which define the risks and responsibilities of buyers and sellers in international trade contracts.
It is essential that businesses understand Incoterms ® as their use is vital for the successful movement of goods between customers and suppliers around the world.
The misuse of these terms can lead to delays, penalties, problems with payment and more. This half day seminar will explain Incoterms ® and their importance in international trade contracts.
Cost: £280.00 (plus VAT) Chamber members, £375.00 (plus VAT) non-Chamber members
Register online or email Sadie Parr to book.
LATEST NEWS
United Kingdom signs free trade deal with Norway, Iceland and Liechtenstein
Following agreement in principle last month, the United Kingdom has moved quickly to sign a free trade deal with Norway, Iceland and Liechtenstein, locking in tariff-free trade and securing greater access for United Kingdom firms.
Read more on the GOV.UK website >
BCC assesses impact of Brexit and looks at next steps on the way forward
Six months on from the end of the transition period and with the focus on economic recovery from the pandemic, it might seem to some that the issue of Brexit has faded into the background.
But many businesses, and their customers, are still dealing with the reality of the significant changes ushered in on 1 January. Tens of thousands of small and medium sized exporters have spent months grappling with the blizzard of new red tape and costs of getting goods to firms and people in the EU.
William Bain, Head of Trade Policy at the British Chambers of Commerce, has written a blog on Brexit - six months in. Read the full article here.
Buckles Consultant appointed President of the British Chamber of Commerce for Italy
Steven Sprague has been appointed as the new President of The British Chamber of Commerce for Italy. He was previously a Counsellor of the Chamber and is currently Chairman of its Brexit Committee.
Read more here.
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