Customs, Excise & Int. Trade

Customs, Excise & Int. Trade

Make your trade operations as efficient and cost-effective as possible.

Make your trade operations as efficient and cost-effective as possible.

Customs, Excise and International Trade

The movement of goods across the globe is increasingly complex. Customs and Excise Duty may be payable on goods brought into the UK from the European Union. Knowing which goods are affected, while staying on top of regulatory change, is crucial, as there are high penalties and commercial costs for non-compliance.

Rates of duty vary according to types of goods and their classification. Unlike VAT, Customs or Excise Duty is not recoverable. This means it’s a direct, and often substantial, cost to a business. Understanding how these taxes affect your operations is paramount.

At KPMG, our dedicated Trade and Customs team and global network of specialists can help. We’ll advise on efficient trade operations and optimised supply logistics. This will give you confidence in your risk management and regulatory trade compliance arrangements.

We can also help you cut your classification and valuation costs and stay compliant in the changing regulatory environment.

For more information on how we can improve your trade operations, contact us today.

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