Goods manufactured in Great Britain has never been more important for UK traders. The UK has now signed a Free Trade Agreement (FTA) with the EU. This means new rules are required for UK businesses who are trading with the EU surrounding the country of origin of their goods.
The UK-EU Trade and Cooperation Agreement (TCA) states that no tariffs (duty) will apply to goods traded between the UK & EU, as long as the goods originate from the country from which they have been exported. If this is not the case, then Duty Tariffs may apply.
When trading with the EU, the UK exporter will now be required to declare the country of origin of their goods on commercial invoices, if UK origin, or on an Origin Declaration, usually a certificate of origin, if this is not the case.
It is important to remember that the Rules of Origin focus on where the goods were made, not where they have come from.