🌍 Industry Update: Deposit Return Schemes (DRS) – Adapting for a #CircularEconomy
The Deposit Return Scheme (DRS) is shaping up to transform recycling and reduce waste in the UK. Drawing insights from the The Bonded Warehousekeepers Association (BWA) and Biffa, here’s what you need to know: Key Highlights: ·How it works According to Biffa, retailers pay an extra 20p deposit to producers for each drinks container. For […]
🚨 China’s New Export Control Regulations: What UK Businesses Need to Know 🚨
According to Asia Briefing Ltd., China has introduced new Export Control Regulations, tightening the rules on certain goods, technologies, and services. This could have a notable impact on UK businesses trading with China, especially in industries like stricter oversight of high-tech sectors, including semiconductors and AI. How might this affect UK businesses? ·Stricter compliance: UK […]
🚨 UK Government Update: Selling Alcohol in the UK 🚨
If you’re looking to sell Excise Alcohol in the UK, it’s important to stay compliant with local regulations. The UK Government’s Alcohol Wholesaler Registration Scheme (AWRS) aims to prevent tax fraud and ensure businesses trading alcohol wholesale are operating legitimately. So, what does this mean for foreign businesses? If you plan to sell alcohol to […]
🚨 Latest from HMRC: Key Updates for Northern Ireland 🚨
Heads up! The The Bonded Warehousekeepers Association (BWA) has shared insights on the new #ExciseDuties (Northern Ireland Miscellaneous Modifications and Amendments) (EU Exit) (Amendment) Regulations 2024. Effecting from the 1st of October, this legislation introduces some important tweaks and clarifications around the movement and storage of excise goods in Northern Ireland. A standout change is […]
📦 Important Update: Delay in Windsor Framework Implementation
We’ve been keeping an eye on the recent announcement from AICES about the Windsor Framework. The government has decided to push back the framework’s implementation to 31 March 2025, giving everyone a bit more breathing room as we approach a busy time of year. 🔍 What You Need to Know: The delay allows extra time […]
🚨 Update from BWA: HMRC’s New Digital Service for UK Alcohol Producers 🚨
The Bonded Warehousekeepers Association (BWA) has highlighted the HM Revenue & Customs‘s outreach to approved producers of alcoholic products. A new hashtag#digital service, launching in March 2025, is on its way to simplify Alcohol Duty approvals, returns, and payments, aiming to modernise and enhance the experience for UK producers. Following the most substantial change to […]
🔍 Industry News Update: Simplification & Modernisation Projects by HMRC 🔍
Here at NG Terminal Ltd, we keep a close eye on industry updates to make sure we’re providing the best possible service to our clients. The The Bonded Warehousekeepers Association (BWA) recently shared news about some important projects that HM Revenue & Customs is working on to simplify and modernise the way things are done. […]
🚀 Breaking News for UK Traders!
The UK has joined the first global digital trade agreement under the World Trade Organization, streamlining global trade by eliminating customs duties on digital content and promoting digital customs systems. This landmark agreement aims to boost the UK economy by up to £24.2 billion, making trade faster, cheaper, and more secure. Are you struggling with […]
🌍 Important Update on Global Digital Trade 🌍
The UK government has just announced the Joint Initiative (JI) on Electronic Commerce (E-Commerce) at the World Trade Organization (WTO). This is the first global digital trade agreement, and it’s set to make trading goods, services, and information quicker, cheaper, fairer, and more secure. 🔹 What This Means to you: ·More Opportunities: Digital trade is […]
🚛 Industry News: Boost for Freight Innovation 🚛
Exciting news from the The Bonded Warehousekeepers Association (BWA) ! On 1st May 2024, the Freight Innovation Fund received a £1.8 million boost to help bring innovative technology to the freight sector. This funding is set to decarbonise freight and strengthen the UK supply chain, supporting the government’s plan to grow our economy. Small and […]