K3 Retail and AGR to talk trade and tax changes this May

Rebecca Lambert
Rebecca Lambert
By Rebecca Lambert on 06 May 2015
K3 Retail and AGR to talk trade and tax changes this May

Supply chain specialist AGR and retail technology provider K3 Retail are hosting a series of half day seminars this month in the UK focusing on the implications of international trade and tax changes that will come into effect from May 2016.

The agenda will also consider the importance of the associated European Union (EU) Authorised Economic Operator (AEO) accreditation programme, which was introduced in 2008 in response to increasing threats to international supply chains from terrorism, organised crime and counterfeit goods.

The regional events are planned for Manchester on 13 May, Birmingham on 14 May and at Microsoft’s offices in London on Wednesday 20 May.

Speakers include the trade and customs compliance manager at Marks & Spencer, representatives from HM Revenue and Customs, and Pathfinders, strategic change and risk/resilience specialists in supply chain, procurement and IT.

“With only 12 months to go it is important that those importing and exporting outside the EU recognise the potential financial penalties and supply disruption of not being AEO accredited,” said Melissa Cupis, managing director of AGR in the UK. “There are many attractive benefits resulting from accreditation and companies need to act now to maximise the competitive advantage of what can be a relatively straightforward process to become an Authorised Economic Operator.”

The trade and tax changes, to be introduced as part of the November 2014 revisions to the EU Customs Code regulations, are relevant to all UK companies that import and export outside the EU. These changes particularly apply to UK companies that are not accredited Authorised Economic Operators.

“Technology is a vital part of maintaining security and by achieving AEO status UK retailers will also gain an internationally recognised quality mark to help speed their imports and exports in a secure supply chain,” said Russell Dorset, group managing director at K3 Retail. “Attending one of these events is the perfect place to start preparations in time for 2016 – time is running out.”

 

To find out more about the events or to register, please visit the K3 Retail website.

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