Brexit Survival

 
Prepare for a period of the implementation of World Trade Organisation (WTO) tariffs with its European neighbours. The good news is that many tariffs are already so low or even zero, that the overall effects of such a scenario are not greatly burdensome on the economies of either the UK or the EU. In any case, Excise Duties continue to apply as before, and Import VAT is reclaimed by VAT-registered companies in any case. Various Customs facilities enable companies to manage their import and export affairs using electronic facilities, without the need for cumbersome border controls.
 
The WTO’s global Trade Facilitation Agreement is far more prevalent than anything Brexit may imply for the UK and the EU. The TFA, along with the World Customs Organisation (WCO) SAFE Framework of Standards, has implemented the global requirement for a global approval for traders seeking ease of access to Customs Approvals and Authorisations. This initiative is Authorised Economic Operator (AEO) status, and it is becoming essential for global commerce. It is also associated with other Customs Approvals such as Approved Exporter, Registered Exporter (REX) status, Inward Processing and Customs Warehousing. Indeed, many countries, including Australia and South Korea, are already stipulating that export traders will have to be approved for AEO-level or Approved Exporter status if they are to trade with these countries from now on. AEO approval will also be required for all freight forwarders expediting shipments to the EU under the ENS Advance Cargo Reporting requirements resulting from the UK’s scheduled withdrawal from the EU, and this same requirement will prevail for all other global cargo pre-clearance regimes presently being introduced or already in force.
 
 
BREXIT: BACKGROUND, IMPLICATIONS & PROCEDURES
 
The course will include the following topics:
 
 
BACKGROUND
 
  • Reasons for the 2016 Referendum;
  • The move towards a European Federal Superstate;
  • The 4 Pillars of the Nation State;
  • The 4 Pillars of the European Common Market;
  • Trade Creation and Trade Diversion;
  • The Essence of the Single Market;
  • The Essence of a Customs Union;
  • The Essence of a Free Trade Agreement;
  • The SAFE Framework of Standards and the EU Union Customs Code;
  • The need for an initiative to create independent National Customs Tariffs;
  • The need for an independent international trade structure and policy;
  • The need for an independent taxation system.
 
 
 
CUSTOMS PRACTICES & PROCEDURES
 
  • AEO (AEO-c & AEO-s) and its implications;
  • Changes in Customs policy;
  • Customs Import & Export Procedures;
  • The EORI;
  • Customs Declaration System (CDS);
  • Customs Declarations;
  • Electronic Controls and Procedures
  • Simplified Procedures;
  • Simplified Declaration Procedures (SDP);
  • ENS & EXS;
  • Cargo Pre-Clearance;
  • Customs Freight Simplified Procedures (CFSP);
  • Import Duty Deferment;
  • Potential Debt and Actual Debt;
  • Comprehensive Customs Guarantee;
  • VAT Postponement;
  • Simplified VAT Accounting (SIVA);
  • Duty and VAT management;
  • Community Transit;
  • Origin and Preferences;
  • Record-Keeping;
  • Customs Planning & Execution;
  • The Future Ahead. 
£4,000 funding 

The Brexit Support Grant, funded by the Scottish Government, provides up to a maximum of £4,000 to help small to medium-sized enterprises in Scotland manage a wide range of Brexit impacts.
https://www.prepareforbrexit.scot/updates/brexit-support-grant 


 Who is it for?

Anyone currently importing and exporting, anyone sending or receiving goods to EU
 
 

Status
ACTIVE
Location

Aberdeen & Grampian Chamber of Commerce
The Hub, Exploration Drive
Aberdeen Energy Park
Bridge of Don
AB23 8GX
Places available

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Available dates

  1. Aug 14 2019 09:30-16:30

Booking options

Non Members

Course cost £440.00

Members

Course cost £295.00
Discounted Cost (Save £145)

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