Export Compliance Gap Analysis
If there has been one advantage to Brexit, it is a weak sterling. UK products and services are more attractive to overseas buyers than ever before. Now is a great time to export.
Still, international trade brings with it a multitude of compliance issues. If ignored, compliance issues can result in penalties that affect your bottom line. This can be in the obvious form of disgruntled customers and fines, or the more insidious form of time consuming regulatory negotiations and fire-fighting.
The audit will highlight areas where there is potential to avoid the payment of duty and VAT.
We understand that you need to concentrate on your specialism -your business. We understand that whilst you're doing that, some things – necessary but peripheral to your business - might take a back seat. You’re too busy doing what you do best to concentrate on dotting i’s and crossing t’s in the back office.
So allow us to do what we do best. Our audit covers your back. We will point out areas of non-compliance and areas with potential for improvement, cost reduction or cost avoidance.
We will visit your company and question the staff involved in the export transaction. This will include staff in sales, the shipping department and credit control personnel. We will measure your company against best practice procedures. A comprehensive report will highlight those areas which need your attention
If you need our help addressing areas of weakness, we will be happy to work with you.
All information shared with us during the course of the audit will be treated in the utmost confidence.