At The Last Slug we aim to furnish our clients with the most up to date information in the world of customs and freight forwarding.
With guidance, advice and reports being released weekly, it can be difficult for businesses to understand how Brexit will affect them, and know how to plan and prepare for it.
A government website ( https://www.gov.uk/transition) has been developed so citizens and businesses can identify what they need to do to get ready for Brexit quickly. This includes videos and step by step guides, making it easy and simple for audiences to follow and take action if needed.
Through the use of the website, you’ll be able to find out:
The government has also published the EU exit business campaign toolkit.
Actions need to be taken if you:
To support business preparations for the end of the transition period the Department for Business, Energy and Industrial Strategy is hosting free webinars to help you check the new rules and understand the actions to take.
Currency Cut Off Times
The cut off time will depend on the currency of your International Payment.
We'll begin to process your instruction with our partners on the same working day we receive it providing it is before the cut off time. If we receive your instruction after this time, on a weekend or on a UK public/bank holiday then we will begin to process your instruction on the next working day.
The currency cut off times listed below are subject to further checks as from time to time we may need to conduct additional security checks and validation of the instruction.
Some common currency cut off times in GMT:
Code Currency Settlement Days Cut off time
EUR EURO Same Day 15:45
USD US Dollar Next Day 16:30
CNY Renminbi 2 16:45
HKD HK Dollar 1 12:45
CHF Swiss Franc Same Day 11:15
*For currencies not listed please contact us
Certificates of Origin
A Certificate of Origin (CO) confirms the origin of the exported goods. It is usually issued for goods that are being sold abroad as a permanent export. Certificates of origin may be requested for commercial or customs reasons.
The ATR Certificate entitles goods, that are in 'free circulation' in the EU to receive preferential import duty treatment (usually zero) when shipped to Turkey.
An EC Certificate of Origin is issued for goods that are being sold and permanently exported to non-Arab countries as well as Egypt and Iran. We can also process any other commercial document required for international trade, either alongside your Certificate of Origin or as a separate document.
An EUR1 Movement Certificate is used to support claims for preferential (usually zero) rates of duty in the country of importation. To qualify the goods must 'originate' in the UK or EU and be supported by a correctly completed and endorsed EUR1. Note that this system will continue at least until the UK has formally left the EU.
Special Certificates are a type of document that includes Trading Status Certificate, Force Majeure Certificate and International Import Certificates.
If customers can’t find it, it doesn’t exist. It is essential to clearly list and describe the services you offer. Also, be sure to showcase a premium service. TLS can provide details.
The Last Slug Ltd
TLS is the trading name of The Last Slug. Copyright © 2020 The Last Slug - All Rights Reserved. Company number 12008447
GTC Global Trading Company is a subsidiary of TLS - All Rights Reserved Company number 12639344
The Last Slug (US), LLC 0450482541
Devonshire House Level 1, 1 Mayfair Place, London W1J 8AJ
England EC3V 4AB, United Kingdom.
London Chamber of Commerce and Industry (LCCI): L632777.
ICO Registration number:A8694193