Seven questions to ask yourself to check if you're compliant:
- Length of time for record keeping requirements
Agenda:
- What is the origin of your goods?
- Have you correctly valued your goods?
- Do you know your commodity codes?
- Are you using the right Incoterm?
- Do you collect the necessary proof of export?
- Do you store the relevant supporting documentation?
- Are you keeping your records for the right length of time?
What will I learn:
With HMRC increasing the number of audits and compliance checks, there has never been a better time to make sure you're business is compliant. However, understanding where to start and what you need to check, can be difficult to understand and, in some cases, stop businesses from undertaking any compliance checks at all.
In this session, you'll learn about the seven questions we'd suggest you start with when it comes to conducting an internal compliance check. We'll outline why each question is important and what you should be looking to provide as the perfect answer. If your business doesn't sufficiently answer these questions then you could be exposing yourself to HMRC fines.
Quick, interactive session:
Over 90-minutes you'll have the opportunity to ask questions and develop your knowledge on customs compliance, without having to block too long out of your calendar. This is short-course could be your first step into understanding compliance and making sure you don't fall foul of an HMRC audit.
