Also in the news...
Carry out international road haulage
What UK goods vehicle operators need to do to carry out international road haulage.
Import firewood into England, Scotland or Wales
Find out how to import firewood, such as logs and kindling, into England, Scotland and Wales (Great Britain).
How to check if you can delay customs payments and declarations
If you’re a business that currently buys goods from or sells goods to countries outside the UK, or are planning to trade with Europe from January 2021, HMRC’s new tool can help you identify ways you might be able to make the customs process easier for cheaper for your business. This short video shows you how to use the tool.
How can a customs intermediary or agent help me?
If you’re a UK business thinking about moving goods into or out of the UK , this video is here to help you understand how customs intermediaries or agents can help you. For more information have a look at the guidance available on gov.uk.
What are commodity codes?
If you're buying or selling goods abroad, you need to work out the amount of duty or VAT you owe. This short video tells you how to find out the ‘commodity code’ classification for your goods, using our Trade Tariff tool. Find out more on GOV.UK
Bitcoin Trading Company in Denmark
Background Information about Virtual Currencies
Virtual currencies are a form of unregulated electronic money, as opposed to real money is not issued and guaranteed by a central bank, which in some cases can be used as a method of payment.
Virtual currencies have emerged in many different forms, first in connection with on-line gaming and social networking.More recently, virtual currencies developed to be used as an alternative to real currency.
Bitcoin is the most popular virtual currency, but also Litecoin, ZeroCoin and Linden Dollars can be mentioned among othersthe more well known.
Bitcoin exchanged today with real currency and is accepted to an increasing extent, both on-line and off-line in the general economy by purchasing goods and services.
Virtual Currencies Product Perfomance
Bitcoin is a technology that can be used to trade with on a closed market.
Contrary to usual payment technologies such as credit cards and PayPal, Bitcoin is decentralized which means that no enterprise, state, organization, or country is behind the technology.
Virtual currencies are a type of unregulated electronic money, which contrary to real money are not issued and guaranteed by a central bank and which in certain cases can be used as a method of payment. One of the characteristics of the virtual currencies is that a real issuer does not exist, and thus no real obligation for the issuer.