The World Customs Organisation (WCO) carries out a general review of HS codes, the Harmonised Commodity Description and Coding System, every 5 years
This enables the tariff, sometimes referred to as ‘the nomenclature’, to keep pace with an ever changing world, meaning new goods are continually appearing on the global market. The review has come round again with an updated system going live from 1 January 2022.
As the HS convention serves as a basis for the tariff schedule, please have a look this time around; there are many changes to the UK Trade Tariff effective from 1st January 2022.
You can check these changes on the UK Government website
At VARTAN we provide Customs Training tailored to suit your business, so contact us and talk to our experts; they can help you navigate the new tariff and steer you in the right direction.