29 December 2020

With the signing of the UK-EU Trade and Cooperation Agreement, the vast majority of traders moving goods between the UK and EU will avoid paying tariffs on that trade. In order to avoid paying tariffs, all traders must – from 1 January – ‘claim preference’ by way of meeting the relevant rules of origin (RoO) for their products and making a declaration to that effect.

BASA members can read the full details here: https://www.basa.uk.com/GeneralContent/9/502 and you can read full details of the International Treaty via the weblink.

Written by: Lorna Williams