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Falsum - Experts in Global Trade and Customs: Blog, Insights & Industry Updates
Discover how our advanced analytics tool revolutionises the process of analysing, quantifying and the reclaim of overpaid Customs Duty. Enabling UK-based businesses to unlock hidden savings and boost their financial performance.
On July 13 2023, the President of the EU Commission announced that the EU Commission is lifting the import restrictions for food from Japan, introduced after the nuclear accident at Fukushima in 2011. The decision was made based on positive results from product inspection and successive reviews verifying the safety of Japanese food
When it comes to importing goods into the UK, businesses must navigate a complex landscape of customs duties and import value-added tax (VAT). However, relying solely on HM Revenue and Customs (HMRC) calculations can be risky. We'll explore why HMRC customs duty and import VAT calculations aren't always accurate and how businesses can benefit from using Falsum's Duty Management Tool (DMT) to analyse overpayments and make reclaims from HMRC.
The UK Government has announced the postponement of checks on imported food and fresh products from the EU until the end of 2023.
