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.
The UK government is urging businesses to pursue overseas trade and has set out its Export Strategy, heralding an increase in support and encouragement from the wider political presence.
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?
Export can be a lucrative business venture, but in the midst of new processes and regulations, it’s easy to fall foul to some of these common mistakes.
Directors from Peli BioThermal, the global name in temperature controlled packaging, attended a prestigious regal reception hosted by His Royal Highness The Prince of Wales and members of the Royal Family.
Commenting on the passage of amendments to the Customs Bill, which commit the government to fully separating the UK from the EU VAT regime, Adam Marshall, Director General of the British Chambers of Commerce, said:
Making the decision to export internationally can be a huge turning point for your business. It opens you up to new markets, increases sales, reduces financial risk, and sets you up for enhanced global credibility.
The British Chambers of Commerce, in partnership with DHL, today publishes its latest Quarterly International Trade Outlook, based on survey and documentation data from UK exporters.
Commenting on the trade statistics for September, released today by the ONS, Mike Spicer, Director of Research Economics at the British Chambers of Commerce (BCC), said: