Business Gateway Growth Hub - Import Facilitations and Simplified Procedures
HMRC offers a number of trade facilitations and simplified procedures to help you suspend, reduce or eradicate entirely the import costs of certain goods when brought into the UK for process or repair, or following processing and repair overseas. This can significantly improve margins and cash flow. There are also relief mechanisms for returned goods and different duty deferment mechanisms to aid cashflow where duties and import VAT are applicable.
These HMRC authorisations can be complicated to obtain, however the East Midlands Growth Hubs have recruited Global Trade Department to help with these matters along with a wealth of other import and export challenges and objectives.
Perhaps you simply need guidance and to learn whether you’re eligible, or perhaps you’d like us to take the burden away entirely and apply on your behalf. Why not use this fully funded support to gain these authorisations, reduce your costs and protect your margins?
The Empowering SMEs in International Trade support programme is being delivered by The Export Department, a business management consultancy specialising in International Trade, Export, EU Exit Strategy, Business Resilience and Growth.
The programme is a package of 1:1 and Peer support for businesses across the East Midlands, fully funded by the East Midlands Growth Hubs: Business Gateway, D2N2 and Business Lincolnshire.
This support is open to all businesses across the East Midlands who either currently trade internationally or are planning to start; be they novice or experienced importers/exporters.
Area of Expertise:
Business support through coaching
You can be a goods or services-based company, and a novice or experienced importer or exporter. However, you must:
- Be a Small Medium Enterprise (SME)
- Be based in Lincolnshire, Leicestershire, Nottinghamshire or Derbyshire
- Leicester City
- Oadby and Wigston
- Northwest Leicestershire
- Bosworth and Hinckley