The international trade environment is constantly evolving. It can be daunting to keep up with global trade developments and tariff disruptions against a backdrop of geopolitical uncertainty.
Taking a strategic approach to build and maintain resilient international supply chains and global trade operations is crucial. Businesses need to be proactive to stay on top of day-to-day trade compliance, financial management and regulatory change.
As part of the global KPMG network, we have more than 900 global customs specialists in over 60 countries. We can help you manage the challenges you face with cross-border transactions.
Key benefits
Why choose KPMG
Maintain a competitive edge with strategies to mitigate tariff impacts and trade disruption, including:
- tariff classification and engineering
- origin
- customs valuation strategies.
To assess impacts and model scenarios, talk to us about our KPMG Tariff Modeler.
On-demand data analysis for insights into customs reporting and thorough interrogation of customs and broker data sets to identify duty saving opportunities and compliance risks.
Effective duty management is critical to cost control. We work with clients to identify and implement opportunities to reduce or recover customs duties—leveraging free trade agreements, tariff concessions, by-las, and duty drawback schemes—while monitoring compliance with Australian customs law.
Compliance is non-negotiable in cross-border trade. We assist clients with:
- comprehensive customs reviews
- regulatory training and processes
- management of changes to the value chain on customs reporting and duties.
A fit-for-purpose operating model is the foundation of trade efficiency. We support clients to align their customs processes with business and regulatory requirements, integrating enabling technologies and embedding sustainable practices that drive long-term cost savings and compliance.
KPMG's Managed Services provide scalable support for day-to-day trade operations. Our services include:
- post-import audit/review
- bulk tariff classification
- free trade agreement qualification
- trade data management; ensuring accuracy and efficiency.
Exporting controlled goods requires precision and foresight. We help clients understand and comply with:
- Australian Defence Export Control regulations
- assistance to secure necessary permits
- implementation of processes and strategies to avoid penalties and maintain business continuity.
Excise obligations can be complex and costly if not managed correctly. We support clients in understanding their responsibilities, optimising excise duty liabilities, and accessing available exemptions and concessions under Australian legislation.
Get in touch
David Sofrà
National Leader, Workforce & Innovation | Chief Technology Officer, Tax & Legal
KPMG Australia
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FAQs
The US tariffs will increase supply chain costs, leading to higher prices for imported goods and raw materials. This can squeeze margins and force businesses to absorb these expenses or pass them on to customers.
KPMG's Trade & Customs professionals can help mitigate these impacts by providing services and strategies to reduce duty payable whilst also maintaining compliance with local regulations.
The Australian Trusted Trader program is a government initiative that recognises businesses with secure supply chains and compliant trade practices. Benefits include priority processing and reduced trade costs.
Free trade agreements (FTAs) can reduce or eliminate tariffs on goods traded between member countries. KPMG can help you understand which agreement offers your business the best outcomes from an administrative, technical and financial perspective.
KPMG utilises AI and data analytics to enhance trade and customs services by:
- identifying trends and patterns in large datasets
- monitoring trade activities to improve compliance
- optimising operations through data-driven insights
- managing risks associated with cross-border trade through advanced analytics.