Deloitte Launches New Customs Compliance Business – Deloitte Global Trade Bureau

Accountancy, Taxation — By on August 8, 2019 at 11:52 AM

Deloitte Launches New Customs Compliance Business – Deloitte Global Trade Bureau

Deloitte is announcing the launch of Deloitte Global Trade Bureau, its new customs compliance business. Deloitte Global Trade Bureau will help clients understand customs regulations by submitting supplementary customs declarations on their behalf.

Underpinned by technology, the Deloitte Global Trade Bureau offering will gather data on movements of goods from clients through its secure electronic portal and prepare customs supplementary declarations using customs duty management and reporting software; and allow clients to visualise their trade data in real time and through data analytics technology, providing a data platform that enables a deep understanding of customs duty payments and status of their customs landscape.

With a headcount of 30 experienced customs specialists, the Deloitte Global Trade Bureau are based in Deloitte’s Ipswich office.  The senior team, recruited from the world of logistics, shipping and within Deloitte, have over 100 years of combined practical experience in customs procedures and compliance with HMRC requirements.

Richard Vitou, Partner and lead of Deloitte’s Global Trade Bureau said, “The UK’s trading relationship with the rest of Europe and the world is likely to change enormously in the next few years.  This will mean that businesses need to understand new customs regulations and their obligations and also move goods to and from the UK without delay.  Our leadership team with over 100 years of combined practical experience in customs procedures and compliance will help our clients navigate these complexities.”

Deloitte’s head of Global Trade Advisory in the UK, Caroline Barraclough said, “We’re very excited about launching our new customs compliance business. We already have a team of 20 people in the UK advising on all aspects of international trade including customs and excise duties. With an additional team of 30 in our Global Trade Bureau, we will not only advise clients how much duty to pay but also perform their customs duty compliance by preparing and submitting their supplementary customs declarations to HMRC on their behalf.”

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