Customs Update: Summer 2025
Navigating the complex world of customs can be a daunting task for exporters and importers alike. During the “Talking Trade & Summer BBQ 2025” event, Neil Bird, Customs and Trade Advisor at Gaston Schul, delivered an insightful talk on the latest customs updates and shared practical advice to help traders ensure compliance while minimising risks. If your business is trading internationally, staying informed about regulatory changes and customs best practices is essential. Here are the key highlights and actionable insights from Neil's session. 1. Understanding Customs Valuation Customs valuation plays a critical role in international trade as it determines how much duty and tax traders will pay on imported goods. Neil referenced new guidance introduced by HMRC on 25th June 2025, aiming to clarify the process of customs valuation.