The Department for International Trade (DIT) has launched a new service for exporters. If you are a UK business and you want to sell goods or services abroad, use this service to ask the DIT export support team a question.
You can ask any question for your business, including on:
- exporting to new markets
- paperwork you need to sell your goods abroad
- rules for a specific country where you want to sell services
See: Ask the export support team a question – GOV.UK (www.gov.uk)
Guidance available to check how to import or export goods
There is a new government tool check on how to import or export goods, which provides step by step tailored guidance. Use this service to get information about importing and exporting, including:
- how to register your business for trading
- which licences and certificates you need for your goods
- paying the right tax and duty for your goods
- how to make declarations for your goods to clear the UK border
- which paperwork you need to keep
You will need to know:
- where the goods are coming from or going to
- the commodity code for the goods
See: Check how to import or export goods – GOV.UK (www.gov.uk)
In order to survive and thrive in this challenging environment, UK SMEs should review their business strategies and put in place plans to enable them to adapt quickly to the changing economic and operating conditions.
Business owners and managers must be aware of income and expenditure by keeping proper records and monitoring trends and patterns. Profit and loss accounts will help you understand how your business is progressing, as well as alert you to any potential issues which might arise, giving you ample warning to rectify the problems or make the necessary adjustments to keep your business on track and successful.
At Beavis Morgan, our specialists to SMEs are available to provide general business advice and to structure your business for tax. We can also assist with business plans and strategy execution, long and short-term forecasts, budgets, sensitivity analyses, and calculating and checking compliance with covenants.
Contact your usual Beavis Morgan Client Partner or email info@beavismorgan.com for further information about how we can assist you and your business.