Do you import goods which are to undergo processing or repair?
Equally, do you temporarily export goods for processing and repair?
As a business, you may be paying customs duty and import VAT which could be suspended, reduced, or all together removed through the use of either inward or outward processing relief.
During this two-hour, engaging, BCC Accredited course we will provide you with:
- An understanding of how inward or outward processing relief could benefit your business
- Breakdown of the different types of authorisations
- Knowledge on the steps and requirements you need to take to obtain full authorisation
- An understanding of the duty and import VAT considerations
- Practical scenarios and case studies of when businesses have benefitted from IP or OP
- Knowledge on the key considerations your business should consider prior to applying for full authorisation
Accreditation:
Following the course, you will receive a multiple-choice exam which, upon completion and passing, you will receive your British Chamber of Commerce Accredited Certificate for this module.
On completion of six BCC Accredited modules, you will earn the BCC Foundation Award in International Trade. Gaining this widely recognised award demonstrates compliance and knowledge which can have positive repercussions for both yourself and your business.
The other courses within the BCC Foundation Award are:
-Understanding Exporting
- Incoterms 2020
- Commodity Codes & the UK Trade Tariff
- Rules of Origin
- Export Documentation
-Agents & Distributors
- Import Procedures
- Customs Procedures
- Letters of Credit & Methods of Payment (includes two certificates)
Get in touch:
If you would like to find out more about the services we offer, take a look at our internatinoal trade membership and services overview or email us at [email protected].
Cancellations and amendments to bookings:
In the event you are no longer able to attend this training course, please note you must cancel or request a transfer of your place at least 7 working days before the course. The cancellation must be in writing and sent to [email protected] indicating the name of the course you are cancelling for and delegate(s) details.
If a booking is not cancelled and the delegate does not attend, full event costs will still apply.
