As a company involved in imports and/or exports, how prepared is your business for a customs audit? HMRC’s latest plans include the recruitment of 5,500 compliance staff – scrutiny and audits can only be set to increase. Do you have adequate records and procedures for your international trade activity to demonstrate you satisfy the current regulatory requirements? How well do your staff and departments understand the importance of these and the impact of their activity (or non-activity) – whether directly or indirectly – on the supply chain?
International trade is an increasingly complex area. Sanctions, embargoes, tariffs and trade negotiations regularly feature in the news. Customs investigations, non-compliance and penalty notices are increasingly being reported. The wider task of keeping up to date with all the associated customs regulations can be challenging and yet ignorance is no excuse. Sadly, not all businesses have the resource for a dedicated compliance team, and all too often individual departments fail to comply with legal requirements and/or fail to understand the implications of some of their actions.
How will your team meet the challenge? Find out by joining us for this interactive, half day session where we will highlight some of the key customs legislation and the type of records you should be keeping, offering practical examples and reliable reference sources to help you with your quest.
Overview
• Legislative parameters
• The compliance jigsaw
• Trade flow
• Team challenge
• Compliance records
• Audit trail
• Exploring customs routines
• Resource review
• Key Questions
Outcome
To gain maximum benefit, you should consider involving members of the following departments: finance, purchasing, export sales, logistics, and quality – though all are welcome. Company directors may also find this useful!
Becky Stark has been an accredited member of the Institute of Export for twenty years and runs her own business, Stark Export Focus, delivering international trade support, advice and training to companies across the UK. Becky has extensive experience of delivering training for the DIT and British Chambers of Commerce, offering accredited and independent public and in-house courses which encompass both the practical and strategic aspects of international trade. She takes great pride in her interactive delivery style, the rapport she develops with delegates and the high levels of customer satisfaction.
