£295.00 plus VAT
15/10/24 9:30 – 12:00
This introduction course is aimed at those involved in the importing of goods.
The course will cover import documentation and procedures, commercial considerations, the importance of your purchase order, calculating VAT and duty, and how to reduce import customs clearance delays. Incoterms® and their impact on importing will be shown, along with an introduction to duty regimes to help importers.
Course Contents:
Import documentation and procedures
09Calculating VAT and duty
Incoterms®
Customs regimes and import controls
Changes coming in January 2021
Sources of help and advice
Who should attend?
This introduction course is suitable for administrators, managers, directors, and owners of businesses who need to purchase from overseas.
The course is valuable for both newcomers wanting an introduction and overview, and experienced staff needing a refresher on current requirements. It will also be valuable for companies who are already importing so they can ensure they have the correct processes in place and are meeting their compliance obligations.
International markets offer huge Export opportunities for UK businesses. Finding and developing new markets for products is a hugely valuable avenue for expansion and in some sectors in particular, global demand for British brands and products makes international trade an excellent means of growth.
Letters of Credit (LCs) are one of the most secure and widely used methods of payment in international trade. As a financial instrument, LCs provide a guarantee from a buyer’s bank to the seller that payment will be made once specific terms and conditions are met. This makes them a cornerstone of secure trade transactions, minimizing risk for all parties involved.
International markets offer huge Export opportunities for UK businesses. Finding and developing new markets for products is a hugely valuable avenue for expansion and in some sectors in particular, global demand for British brands and products makes international trade an excellent means of growth.
Incoterms® (International Commercial Terms) are a vital component of international trade contracts, providing globally recognized, three-letter acronyms that define the responsibilities and risks of buyers and sellers.
Uppermill
Saddleworth
OL3 6DX
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