In a British Home Enhancement Trade Association (BHETA) webinar with business service provider, Strong & Herd LLP, members were guided through the detailed implications of BREXIT – deal or no deal – for exports and imports. Strong & Herd LLP is a leading expert in all aspects of international trade.
This was a granular guide to all the implications for all possible outcomes and the need for customs declarations at all points following the possible end to ‘free’ circulation. Bluntly, this could change the definition of export – and conversely import – from anything leaving / entering the European Union to anything leaving / entering UK shores including Northern Ireland.
As the UK awaits the outcome of trade talks, Strong & Herd supplied an illuminating summary of the practical, legislative and taxation implications of possible scenarios and the need to be prepared. This included in-depth guidance on Incoterms plus the cost implications for the relevant parties. Further advice can be found via www.strongandherd.co.uk.
BHETA’s marketing manager, Steve Richardson commented, “This was an informative session, which will have been of immense help to BHETA members dealing with import or export. The fact is we will not know actual implications until the last possible moment, so awareness and preparation is all.”
