According to Wuhan Xingqihang E-Commerce Co., Ltd., Samsung Sydney has recently entered the implementation stage in the UK. As a cross-border seller, you can learn about the relevant situation in advance. Because the UK has already left the EU, there will be many differences in its cross-border e-commerce rules.

Since the beginning of this year, affected by the energy and supply chain crisis brought about by the epidemic and the international situation, the "tsunami" of inflation has continued to sweep across European countries. Food, gasoline and other prices have risen across the board, and people's living costs have been high. Among them, the UK inflation rate hit a 40-year high. According to foreign media reports, the annual rate of the UK consumer price index (CPI) reached 9.4% in June. Research firm Capital Economics forecasts inflation to rise to 12% in October. Under the high pressure of inflation, the living standards of British workers could not be guaranteed, so a strike wave broke out in the British transport industry. In such a state, the British side implemented a new policy.

UK Customs to launch new declaration system on September 30

The newly launched declaration system is called CDS, and the Customs Declaration Service (CDS) will be the UK's single customs platform. It is a key part of the UK government's fully digitised border plan developed after years of consultation with the border industry, with a single system for reporting all imports and exports.

Sellers who choose Import VAT can query the customs clearance data in the CDS system. When the seller chooses PVA declaration, they can download the imported VAT customs clearance deferred data through this account for tax declaration, thereby replacing the original one. There are C88 documents and tax details. That is to say, the new reporting system can simplify the reporting process for sellers.

If the seller does not register a CDS account, it may affect customs clearance or cannot be deferred. Therefore, Xingqihang recommends sellers to register through the UK government website as soon as possible. After registration, they can fill in the tax refund form to apply for tax refund.

UKCA certification will be officially launched

After Brexit, the economic exchanges and trade cooperation between the UK and the EU have changed, and goods sold to the UK market need to comply with relevant UK regulations. The UKCA mark is a mandatory product mark, which is used to replace the product mark of the EU CE certification mark to prove that the product complies with the UK regulations. UKCA certification covers most goods that previously required CE marking and applies to goods placed on the market in the UK (England, Wales and Scotland, excluding Northern Ireland). In addition, sellers need to note that this certification will be used from January 1, 2023, and sellers can apply in advance.

New regulations on late declaration/payment of VAT will be implemented from January 1, 2023

The reform has refined the penalties for late filing, and the British Taxation Office will adopt a points system for this: for each missed filing deadline, companies will receive a late filing penalty point, and once the penalty threshold is exceeded, they will receive £200 Each subsequent late filing will incur an extra £200 fine and enter the compliance observation period of the corresponding period; only if there is no late filing during the compliance observation period and all taxes have been paid, the previous penalty points can be used clear .