Agency Sector Management (ASM) has signed up Stateside Skates to its Customs clearance software Sequoia, as the skateboarding SME gets system in place to help it meet new trading conditions set to come into effect when the UK Brexits on 31stDecember, 2020.
Brexit could have a huge impact on the SME, as around 65% of its business is exports to the EU and it will use the Sequoia software to do its own outbound Customs clearance. When the UK leaves the EU, customers will need to pay import VAT and will become the importer of records into the EU – which could lead to higher duty and Customs clearance costs.
“We currently ship multiple consignments per day into the EU which, after the transition period has ended, will need to be Customs cleared before leaving the UK. We plan to consolidate these consignments into one single ‘mother’ consignment and do our own outbound Customs clearance for this consignment through the Sequoia software,” said Alistair Crichton, CEO, Stateside Skates.
The UK supply chain is in a race against time to implement the systems needed from 31st December, when the UK leaves the EU. “Now is the time to get the right software in place, or if you have the software, it might be that you need to get the automation in place to deal with the increased volume of entries that is predicted,” said Peter MacSwiney, chairman of ASM.