The new rules surrounding goods controlled by marketing agencies on behalf of their clients changed in 2019 but it’s only now we are seeing businesses address the practical implications of this shift. Gone will be the benefits of free-circulation of physical goods across borders; companies will be required to complete customs entries on everything that is imported or exported from the UK and EU.
In this video, (click here to view) produced by accountants and business advisers, Moore Kingston Smith, Andy Berry, Managing Director of Global Logistics Management shared some interesting insights including how Marketing Services businesses that apply the Reverse Charge procedure can protect their position and ensure there is a clear audit of the origin of their goods or products before the Brexit transition cut-off date.
With the full picture of the new procedures that will become the norm after Brexit still unclear, Andy provides guidance to help businesses remain compliant and avoid potentially hefty penalties and additional administrative burden.
To contact Moore Kingston Smith, please click here.
Established in 1996 and based near London’s Heathrow Airport, GLM provide a range of tailored logistics services for the marketing departments of leading brands, sports sponsorship agencies and event management businesses. Our clients include Shell, Diageo, McLaren Group, Mercedes F1 and other sports marketing agencies and sponsors. GLM operates a worldwide partner network and is an IATA registered forwarder with ISO 9001:2008 and ISO 14001 accreditation.