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Mullen Stoker

Mullen Stoker

Chartered Accountants in Durham

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Digital labelling of imports

Businesses are set to benefit from savings as import labels are made digital for the first time.

  • New legislation to introduce digital labelling for British businesses to cut red tape and save millions in unnecessary regulation costs.
  • Recognition of CE marking continued for products such as toys and machinery, easing burdens to businesses.
  • Digital labelling reforms made possible by Brexit and ensures the UK’s regulatory requirements are fit for the modern world.

The government hopes that digital labelling will allow businesses to place important regulatory or manufacturing information online rather than requiring them to physically print it on their products – saving time and money which can be pushed towards scaling up and growing companies.

This measure has been made possible by leaving the EU and provides greater flexibility than the EU’s regulatory requirements while better reflecting the modern and digital world of business and international trade.

The change follows the Product Safety Review consultation and extensive industry engagement – looking at ways to cut costs while benefitting consumers and ensuring regulatory systems are agile. The move towards digital labelling has been an issue industry has lobbied for consistently.

This comes as part of a wider range of measures covered by the smarter regulation programme, which ensures our laws and regulatory regime are better tailored to the interests of UK businesses, consumers and the economy.

This announcement does not apply to regulations for medical devices, construction products, marine equipment, rail products, cableways, transportable pressure equipment and unmanned aircraft systems, led by relevant government departments.

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ABOUT US

We bring a fresh, dynamic and friendly approach to Accountancy services. We are proud to say you will not find Mullen Stoker to be a stereotypical Accountancy Practice as we have new ideas, add value to what are known to be more traditional accountancy services and are able to provide high quality IT Solutions

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This firm is not authorised under the Financial Services and Markets Act 2000 but we are able in certain circumstances to offer a limited range of investment services to clients because we are members of the Institute of Chartered Accountants in England and Wales. We can provide these investment services if they are an incidental part of the professional services we have been engaged to provide.

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