Navigating the UK Internal Market Scheme: How OneShip Can Simplify Compliance (and Why You Should Watch Our Webinar!)
The UK Internal Market Scheme (UKIMS) has been a hot topic for businesses trading with Northern Ireland. Originally slated for an October 1, 2024 start date, its implementation has been pushed back to March 25th, 2025. While this delay might seem like a reprieve, it’s crucial to use this extra time wisely to prepare for the significant changes ahead.
What is UKIMS and Why Should You Care?
UKIMS is designed to streamline trade between Great Britain and Northern Ireland while upholding EU Single Market regulations. It introduces a critical distinction between “not at risk” goods (intended for consumption within the UK) and “at risk” goods (those that might enter the EU market). This distinction impacts customs procedures, tariffs, and overall compliance requirements.
Key Changes Under UKIMS:
- Simplified Movement of “Not at Risk” Goods: Businesses will face less red tape when moving goods deemed “not at risk” from Great Britain to Northern Ireland. This means reduced paperwork, fewer checks, and potentially lower duties.
- Authorisation Process: To benefit from the scheme, traders will need to obtain authorisation and declare their goods as “not at risk” correctly.
- Data Requirements: UKIMS introduces specific data requirements for traders, impacting how they record and report their movements of goods.
How OneShip™ Can Help:
Navigating these complexities can be challenging, but OneShip is here to simplify the process. Our comprehensive platform offers a range of features designed to ensure UKIMS compliance:
- Automated Declarations: OneShip automates the declaration process for “not at risk” goods, minimising manual effort and reducing the risk of errors.
- Real-Time Tracking and Reporting: Gain complete visibility of your shipments and access detailed reports to meet UKIMS data requirements.
- Expert Guidance: Our team of experts is available to provide support and answer any questions you may have about UKIMS and how OneShip can help.
Missed our Webinar? Watch It Now!
We recently hosted a webinar to help businesses understand the implications of UKIMS and how OneShip can facilitate compliance. Although the implementation date has changed, the information shared in the webinar remains highly relevant.
Stay Ahead of the Curve
While the delay in UKIMS implementation provides some breathing room, it’s essential to start preparing now. By understanding the changes and leveraging tools like OneShip, you can ensure a smooth transition and continued success in your trade with Northern Ireland.