0141 332 0392

Paxton House, No 11 Woodside Crescent, Glasgow, G3 7UL

Search Archive


Last orders please…

Source: Other | | 19/10/2020

From 1 January 2021, UK businesses that export, import or transport goods to and from the EU will need to comply with a number of new regulations.

Inevitably, some will fall short and these will create delays, in your goods reaching EU customers, the goods of EU suppliers reaching you, and transport drivers spending more time than is necessary in queues of traffic as the paperwork threads are resolved.

Leaving aside the obvious need to become acquainted with, and comply with, the new regulations, to some extent the flow of goods – back and forth – will be held back by those businesses who fail to meet the required standards.

Importers and exporters would therefore be advised to consider the following:

  • Increasing your stock of goods before the end of the year such that you do not need to make further orders from EU suppliers until say February 2021, by which time - hopefully – there is a better understanding of the new customs clearance processes and other regulatory matters that need to be considered.
  • Similarly, see if you can inspire your EU customers to double up on their orders before the end of the year.

In this way you may be able to distance your business from the initial, likely chaos and minimise any additional disruption to your business as we continue to grapple with COVID challenges. 

 

Latest News

 

Newsletter

With our newsletter, you automatically receive our latest news per e-mail and get access to the archive including advanced search options!

» Sign up for the newsletter
» Login

McAllisters is a partnership trading from Paxton House, 11 Woodside Crescent, Glasgow providing accountancy and tax services and general business advice and is a member of ICAS (Registration No 0342) and an FCA exempt professional firm (No 301235). Its VAT number is 261 3019 94

McAllisters (Scotland) Ltd is a related business providing tax and business advisory services to McAllisters and its clients. McAllisters (Scotland) Ltd is registered in Scotland (Registration number SC146856). Its VAT number is 624 0564 62.

Copyright © McAllisters 2013 – 2020

 Cookie Policy   Privacy Policy   Terms Of Use   Standard Terms of Business