SIVA (Simplified VAT accounting)

SIVA stands for Simplified VAT accounting possible. It is a scheme that allows businesses to reduce the level of financial guarantee needed to operate a duty deferment account for VAT purposes.

The TSS simplified journey allows businesses to move goods from GB into NI by making a simplified declaration before the goods move and then providing the full information about the goods after they have moved. This is the most common type of journey on TSS. The TSS simplified journey requires: 1. A safety and security

Goods that have been returned within 3 years and which have not undergone a process may qualify for Returned Goods Relief (RGR). For more information, please refer to the Special Procedures Guide.

Rest of World excluding the European Union (RoW excluding EU) means any country outside of the UK and EU. Importing goods from the RoW excluding EU may incur duties and taxes on import, although these duties and taxes may be reduced or zero depending upon specific trade agreements. For further information, please refer to the

REX allows an invoice declaration to be used as evidence of origin. To be entitled to make out a statement on origin, a business will have to be registered by the customs authorities.

A rate of import VAT that is lower than the UK standard VAT rate of 20%, as of February 2019. This reduced rate can depend on certain circumstances as well as the type of goods.

Rules of Origin (RoO) determine where goods originate, that is not where they have been shipped from, but where they have been grown, produced or manufactured. RoO is the criteria that determines the economic nationality of the product. These rules are important in trade agreements because the duties and restrictions on imports depend on where

Roll on Roll off refers to goods being transported by wheeled freight via a ship or ferry.

A relief from import duties that can be claimed when free circulating goods that were previously exported out of the customs territory/UK are being reimported in an unaltered state. The goods must be reimported within 3 years of export, although an extension may be granted. For more information, please refer to the Special Procedures Guide.

Sanctions are political trade restrictions put in place against target countries with the aim of maintaining or restoring international peace and security.