Postponed VAT accounting
Currently, VAT from 3rd country imports is due on arrival, or on release of the goods into free circulation. From the 1st January 2021 postponed VAT accounting (PVA) is being introduced for EU and non-EU imports of goods.
This means that all UK VAT-registered traders who import goods int...
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Emergency powers to build Brexit lorry parks
Up to a further 29 lorry parks, from Devon and Somerset to Warwickshire and Suffolk, will be built in order to cope with border trading chaos after Brexit, under emergency government powers, which will take no notice of local objections.
The move was revealed after the leak of a government doc...
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Some UK freight forwarders unprepared for Brexit
In a survey by the freight forwarders trade association, BIFA, 64% of respondents felt they would not be ready to undertake the additional Customs-related work that will be required from January 1st 2021.
Following a survey of its members, the British International Freight Association (BIFA) r...
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Air freight peak season surge
With passenger flights significantly and severely reduced on most trade lanes, scarcity of air cargo space is ongoing, spot prices are entirely unpredictable and the market, in constant flux, is preparing for a major peak season from Asia.
Data from aviation analyst Cirium shows that 3,762 wid...
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The Brexit Politics Round-up
The UK Internal Market Bill is a very provocative piece of legislation, proposed by the UK Government that, on paper at least, signifies the UK’s intent to leave the EU with no deal. The bill cleared its first hurdle in the House of Commons on Tuesday.
Here are the reasons why the UK Interna...
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Significant disruption at UK largest container port
The ongoing impact of Coronavirus on the workforce and terminal operating practices at Felixstowe has reduced productivity which, with unexpected demand spikes, has resulted in high yard density impeding operations and prompted drastic action from port management.
To clear backlogs and e...
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Metro’s supply chain excellence recognised
Publisher and Events organiser, Akabo Media, is one of the most influential voices in supply chain, freight and logistics. Its annual Supply Chain Excellence awards uniquely feature clients and service providers, to emphasise the value and innovation delivered across the sector.
Despite the ch...
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Business not ready for Brexit survey finds
Two-thirds of UK businesses have had their Brexit preparations disrupted by the Coronavirus pandemic, and only 25% are confident they will cope with the additional administration, according to a survey of supply chain managers by Descartes.
Two-thirds of large firms (with >1000 employees) are ...
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Container shortages in China
Port operations have been severely diminished and inland distribution massively disrupted by the coronavirus, lockdowns and safe-working practices, which delay the unloading of containers and repositioning of equipment back to China.
As European importers struggle to return empty containers to...
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The perfect storm threatening container haulage
The perfect storm threatening container haulage
There is not an industry sector that has not been impacted to some extent by the COVID-19 pandemic. Even those deemed ‘essential’ have had to battle unprecedented economic and operational challenges, but few have felt the impact quite a...
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Get ready for Brexit
The border processes and way the UK trades with Europe is going to change significantly as we exit the EU transition period on the 31st December 2020, which is why we have developed an unprecedented web resource to get you ready for Brexit.
Understanding how your business will be impacted...
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40% of firms find better post-COVID suppliers
In a recent survey, reported by the Chartered Institute of Procurement & Supply (CIPS), 41% of firms said that they have found “new and better” suppliers to work with as a direct result of coronavirus.
The survey also found that 57% found the outbreak an “incentive” to ma...
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