From December 31 2020, the number of customs declarations made by traders is expected to increase from 55 million to around 300 million every year. The increase comes from traders who have never had to complete declarations before because their trade has always been within the EU.
Partners In Export UK are a consultancy and export company based in Luton. Peter Jenkin, a former Export Manager with over twenty years’ experience, set up the company six years ago to help companies get their products into international markets.
Bedfordshire-based company Theodore Global export non-alcoholic beverages to Utah in the US. The company is owned and run by Janet Theodore and her two daughters, Bethany and Nicola.
It’s a common misconception that exporting is only for large companies with thousands of staff, but the truth is no business is too small to trade overseas.
As the fastest-growing large economy in the world, with a large youth demographic and a rising middle class, India offers exciting export opportunities for UK businesses.
When we think of overseas trade, we tend to associate that world with larger companies equipped with thousands of staff, warehouses and factories across the country. But it's a common misconception that is denying so many smaller businesses from pursuing their full export potential.
Customs Declaration Service
Q1: I have received an alert from HMRC advising me to prepare for the new Customs Declaration Service (CDS). I currently export to countries outside the EU, can you tell me more about CDS and tell me when this new service will affect my exports?