Global trade Live: Preparing for a customs audit

HMRC can conduct an audit at any point to check whether your business is complying with UK customs rules and procedures. Being prepared is essential – particularly as importers must be able to demonstrate compliance with UK customs regulations, including the correct payments of duties and taxes.   Non-compliance can lead to demands for duty repayments, withdrawal of customs authorisations, financial penalties and wider reputational consequences. This can create mistrust with customers, suppliers and logistics partners, and may also impact future relationships with HMRC.  At this free Global Trade Live webinar, hosted by the Chartered Institute of Export & International Trade, customs experts and importers shared practical advice on how to prepare for an audit with confidence.   Agenda Know the Law: What are the rules and regulations around customs compliance and audits  Panel Discussion: What you can do to ensure you’re ready for an audit  Duties in Focus: How technology can help you check you’re paying the right duties