Understanding the REX Number: A Guide for UK Businesses

Understanding the REX Number: A Guide for UK Businesses

In this article, we delve into the REX number, a crucial element for businesses engaged in trade between the UK and the EU. While UK businesses don't need a REX number themselves, understanding its importance for your EU partners can ensure you benefit from duty-free imports and preferential tariffs. Read on to discover how the REX system works, its benefits, and why it's essential for optimizing your trade operations.

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EORI Numbers: Who Needs Them and Who Doesn't

Curious about EORI numbers and their requirements? Our latest post explains when you need one and the exemptions for personal use of non-controlled goods. Stay updated with Bright Customs for seamless cross-border shipping and compliance.

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Import to the UK under Return Goods Relief

Return Goods Relief offers a duty van VAT free way to re-import goods you've previously exported, saving you from unnecessary costs. Discover how you can benefit from this provision and avoid paying taxes on returned items.

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Understanding Postponed VAT Accounting (PVA): A Guide for UK Businesses

Postponed VAT Accounting (PVA), a pivotal system for UK businesses in the post-Brexit landscape. This guide delves into how PVA streamlines the import VAT process, enhances cash flow management, and offers a more efficient customs experience. Whether you're a seasoned business or just starting, understanding PVA and its flexible options, including the Bright Customs deferment account, can significantly impact your financial and operational strategies.

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What is Incoterms?

Diving into global trade can be daunting, especially with terms like Incoterms floating around. But fear not! This post is your key to understanding these essential terms, ensuring your trade journey is smooth and straightforward, even if you're just starting out. Let's get to grips with the basics of Incoterms together!

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