UK-Australia trade deal | Important VAT changes from July | Optimise your supply chain

Posted on 17/06/2021 by DHL Express

UK and Australia announce new trade deal

The UK and Australia have agreed on a new trade deal, the first of its kind since the UK left the EU. The agreement will build on its existing £13.9 billion relationship and will remove tariffs on all UK goods, making it easier and cheaper to export to Australia for British goods such as cars, Scotch whisky, biscuits and ceramics, supporting industries that employ 3.5 million people in the UK.

The deal is the latest step towards gaining access to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) – an area of free trade with 11 Pacific countries and a value of £9 trillion.

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Europe’s VAT de minimis removal

From July 1 2021, the current threshold for imported goods of €22 will be removed. From then, all commercial goods imported into the EU will be subject to VAT under new EU regulations.

We look at the new regulations in more detail, understanding why it is happening and what you need to do to ensure that your shipments comply. Click below to find out more about how you can ready your business and avoid disruption when shipping to the EU.

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Agility within the e-commerce supply chain

As disruptions from the pandemic begin to subside and businesses’ operations pick up again, many are looking at how they can evolve and quickly adapt to the increasingly ‘on demand’ market, and having an agile supply chain means you can do just that.

From communications with your suppliers and utilising an order management system, to handling changes in supply and demand, logistics partnerships and digitising your approach for real-time visibility, we look at the five key areas that could enable you to optimise your supply chain.

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