Ruth Setzler

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Activity overview

Latest activity by Ruth Setzler
  • Ruth Setzler created an article,

    Customs value of goods

    When businesses declare goods for import, they must state the customs value of the goods in the customs declaration. The customs value is also needed to calculate customs duties. Determining the cu...

  • Ruth Setzler created an article,

    Zero VAT rate

    Goods and services consumed in the UK are subject to VAT. When businesses export goods (including to EU countries after January 1, 2021) and therefore the goods are “consumed” outside the UK, the V...

  • Ruth Setzler created an article,

    UKGT - UK Global Tariff

    As from January 1, 2021, the UK Global Tariff will apply to all goods imported to the UK unless an exception applies. It will replace the EU’s Comment External Tariff which applies until December 3...

  • Ruth Setzler created an article,

    RoRo - Roll-on/roll-off

    RoRo implies a specific type of transport. For the UK, RoRo relates to any kind of transport from the UK to the mainland EU (or the other way round), which is either done by ferry (east coast, Dove...

  • Ruth Setzler created an article,

    Low-risk goods

    Low-risk goods are all types of goods that are not dangerous, hazardous, prohibited, or require export licences of any kind. More specifically, goods that are not included in the following list can...

  • Ruth Setzler created an article,

    HMRC - Her Majesty's Revenue and Customs

    HMRC are the UK’s tax, payments, and customs authority, see About us page.

  • Ruth Setzler created an article,

    Export licence

    An export licence is a document issued by the UK government which allows businesses to export certain goods to certain destinations. Businesses need to have a licence or certificate if they want to...

  • Ruth Setzler created an article,

    Duty deferment account

    Traders importing goods into the UK must normally pay their full customs duties and import VAT for each consignment at the time of import. In particular for traders importing goods on a regular bas...

  • Ruth Setzler created an article,

    Dual-use goods

    Dual-use goods include goods, software, and technology (also documents and diagrams) that can be used for both civilian and military purposes. Dual-use goods do not necessarily have to have an imme...

  • Ruth Setzler created an article,

    Commodity code

    Commodity codes classify goods for import and export. Knowing the correct commodity code for goods is required for filling in declarations and other paperwork. Commodity codes also define the duty ...