HMRC has introduced a new feature on the Online Trade Tariff (OTT), designed to give businesses customised notifications on tariff changes relevant to their operations.
Developed in response to user feedback and recently shared with BIFA, this update aims to reduce the time spent manually monitoring tariff updates and improve overall efficiency.
What this means for OTT users:
- Less manual checking and reduced administrative burden
- Faster visibility of changes impacting your goods
- Improved compliance through timely, targeted updates
- Full flexibility to update or amend alerts at any time
Key Features
1. Commodity Watchlist
- Upload a spreadsheet of your commodity codes
- Receive alerts when tariff data changes (e.g. measure updates)
- Review changes online to assess relevance
- Download updated data to refresh your records (including classifications)
- Update your spreadsheet anytime — no limits on codes or uploads
2. Stop Press Watchlist
- Select specific tariff chapters (or all)
- Receive email alerts only for relevant Stop Press updates
- Avoid reviewing unnecessary notifications
This new feature is designed to make tariff monitoring smarter, faster, and more tailored to your business needs, and is available HERE.
