Understanding Origin & Preference
This interactive workshop clarifies the difference between origin and preferential origin, emphasising their role in trade compliance. Through case studies and exercises, participants will learn about essential documentation, declarations, and compliance verification for preferential rules in trade agreements. With the increase in HMRC audits, this session equips businesses with the skills to confidently manage origin determination and ensure compliance in both import and export activities.
Description
Unlock the complexities of international trade with our comprehensive course on Understanding Origin and Preference (UOP). Designed to provide a practical overview, this training focuses on the critical areas where UOP impacts the movement of goods for exports and imports. You'll delve into customs compliance, exploring regulatory nuances and common pitfalls newcomers often encounter.
Throughout the course, you’ll learn to navigate various trade agreements, understand the difference between preferential and non-preferential origin, and gain insights into key documents and preference statements applicable under different UK FTAs. We will cover essential topics, including the requirement for Long Term Supplier Declarations (LTSD), how to read and understand the Product Specific Rules (PSR) within the agreements and assessing the financial benefit of applying FTA procedures.
Armed with this knowledge, you will be equipped to implement effective processes for verifying the origin of your goods, ensuring compliance, and minimising risks in your international transactions. Enhancing your understanding of Origin and preference will save time and money for your organisation and boost your confidence in making informed business decisions.
Course Structure and Key Topics
The course runs from 10:00 AM to 3:30 PM, including regular breaks and a lunch break.
This course is designed to be highly interactive, with quizzes, activities, and Q&A sessions. We encourage delegates to actively engage with the course tutor throughout the day, fostering a dynamic learning environment where everyone's input is valued. This interactive approach ensures that you not only understand the course material but also learn how to apply it in real-world scenarios.
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Understand the rules surrounding origin, including distinguishing between preferential and non-preferential.
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Gain awareness of non-preference origin rules.
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Explore the background of preferential trade.
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Enhance your understanding of origin rules, including substantial versus insufficient transformation.
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Familiarise yourself with the necessary preference documentation relevant to your business.
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Recognise your roles and responsibilities, including record-keeping and collaboration with HMRC.
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Learn more about the UK Developed Countries Trading Scheme (DCTS) that replaced the EU Generalised System of Preferences (GSP)and current UK aims in establishing trade agreements.
Who Should Consider this Course?
This course is designed for professionals engaged in the export and import of goods under Tariff Preference, including roles such as export/import managers, compliance officers, and logistics coordinators. It is also valuable for higher management seeking to understand HMRC’s compliance expectations during audits related to preferential treatment. Participants will learn when a UK version of the EUR1 Movement Certificates may be required and when to use Exporter Declarations of Preferential Origin on invoices. For companies using trade agreements at import, the session will show you how to validate your supplier statements and check that imported goods qualify for Tariff Preference rate of duty, equipping you with the necessary knowledge to navigate compliance effectively.
Testimonials
"Giving examples throughout the course was very beneficial as it helps to understand." Natalie, BASFC PLC, 13/03/2025
"Calvin was very thorough in his explanation giving previous examples of his experience and knowledge." 05/11/2024
"Calvin Sherratt and Lucille Roche were fantastic instructors. They were knowledgeable and answered all questions." 29/07/2024
"Practical cases, quiz questions and the possibility to hear other colleagues issues and experiences" 18/03/2024
"Calvins knowledge and ability to share it with us, when we all have different levels of expertise. He's a great teacher." Janet Laird, Newbreed Freight, LTD 10/11/2023
Why the Strong & Herd Course is Unique
What distinguishes Strong & Herd training courses is our commitment to empowering participants to apply their knowledge in real-world scenarios, enabling them to take a proactive approach in their job roles. Our courses are led by industry experts with extensive practical experience in international trade, ensuring participants gain valuable insights and expertise.