Understanding Import and Export. How to do it effectively, avoid the pitfalls and unnecessary costs. For new and experienced traders.

• Are you overpaying on customs duty?
• Do you know how to reclaim your Import VAT?
• Don't get caught out - making sure your records are complete
• Are you getting your international trade right?
• Are you paying unnecessary costs?
• Do you know who bears the risk if something goes wrong?

These are just some of the questions that Ben Bradford from Tees Global www.teesglobal.co.uk will be answering at this event, which will be suitable both for businesses currently importing/exporting and those currently considering it as an way to grow their business. Ben will be delivering the workshop on behalf of BIPC North East bipcnortheast.co.uk and in his role as BIPC Expert in Residence for the topic. He will also be outlining how he can provide fully funded support to businesses to support their journey into international trade.

Programme for the day:

10.15 - Registration

10:30 – Introduction

Import/Export: is it right for my business?

How it works: Understanding the costs, risk and your responsibilities

The importance of commodity codes - Classifying your goods

Accounting for Import VAT

Break - Tea/Coffee /Snacks(15 mins)

Customs duty - Can you pay a reduced rate of duty?

Record keeping requirements

What Support is Available?

Q&A session

13:30 - Finish

This event is funded by North East Combined Authority through the UK Shared Prosperity Fund.