Under new plans to introduce paperless trade, British businesses could save more than £1bn during the next decade… Last month, a bill that would see digital trade documents being made as legally valid as their paper counterparts had its first reading in parliament. Some of the documents due to be digitised include bills of exchange,
There’s a new customs procedure in place for UK importers. So far, it’s not been popular… As part of the post-Brexit trade arrangements, HMRC has switched from the Customs Handling of Import and Export Freight (CHIEF) IT system to a new system: the Customs Declaration Service (CDS). Just as CHIEF was, the CDS is essential