Budget 2023 | Digitalisation of Trading Authorisations

23 Mar 2023 02:01 PM

Following techUK’s ongoing calls for greater Government support in streamlining digital customs facilitations and trade documentation processes, the Spring Budget 2023’s Business investment and tax policy provisions includes an important HMRC policy project; Modernising Authorisations (MA), delivery a digital platform for simplifying and streamlining customs and exercise authorisations for companies trading internationally

Seen within the UK Government's Spring Budget 2023, policymakers within the Department for Business and Trade (DBT) and HM Revenue & Customs (HMRC) will outline plans to streamline and digitise HMRC’s customs and excise authorisation processes through the MA project, which will simplify authorisations for customs facilitations and deliver a new digital self-serve portal for trading companies.

The Project seeks to;

The Project’s wider context includes;

While delivery of this policy project is set to take place between 2023/2024 and 2024/2025, techUK welcomes the Government’s ongoing commitments of digitilisation and streamlining complex trading bureaucracy, including specific authorisation groupings for internationally trading companies across the UK economy.

More details of this Budget inclusion can be found here.