There is a ‘ Tariff Wall’’ around the Member States of the EU. Getting goods through that Tariff Wall from countries outside of it comes at a cost. The main cost is usually Customs Duty. Unlike VAT, Customs Duty is a ‘ sticking tax’ in that it cannot usually be reclaimed. The forward thinking take control of their Customs Duty bill, and take advantage of the savings that can be made. Others ignore Customs Duty planning at their peril as it affects ‘ bottom line’ profitability.
This VAT and Customs Duty course deals with import VAT but concentrates on the Customs Duty implications of importing goods into the UK and other Member States of the EU. It points out the possible areas for Customs Duty savings and also the potential problem areas for the unaware.
CPD Hours: 6
Anyone responsible for controlling the duty costs on imports of goods into the UK from outside the EU.
Royalties and licence fees
We believe that it should be easy for you to find and compare training courses.
Our Customer Outreach Award is presented to trusted providers who are excellent at responding to enquiries, making your search quicker, more efficient and easier, too.
Quorum Training provides a range of specialist courses designed specifically for business and finance professionals, covering such topics as: Accounting and finance Taxation VAT Governance Risk and compliance Financial markets and corporate treasury Charities Management and leadership Courses are available...