Richard Nutt

Partner - Specialist Tax

Richard has more than 20 years of experience advising clients on global trade and customs matters across multiple jurisdictions.

Richard commenced his career as a customs broker and industrial engineer specialising in supply chain and now advises clients on customs and trade strategy, customs duty reduction, transfer pricing in relation to customs valuation, process improvements and supply chain reengineering.

With a strong focus on manufacturing, automotive, life sciences and mining industry sectors, Richard’s key skills includes: advising on global trade and customs implications of customs duty management, trade compliance, customs valuation, customs disputes, voluntary disclosures, trade facilitation and strategic advice relating to global trade and supply chain optimisation, In-House customs clearance and bonded warehouse controls from operational procedures through to controls and governance.

Richard has also lived and worked in the United Kingdom, Ireland, New Zealand and since 2005 in Australia.

Examples of relevant work includes:

• Trusted advisor to a European automotive company; providing advice on customs valuation, transfer pricing, trade compliance, customs duty management and in-house customs clearance solution. Based on the work undertaken over a 7 year period the advisor work has yielded $AU 35m in customs duty refunds and annual savings of $AU 5m per annum.
• Engaged by global electronics manufacturing company to undertake a customs duty review in Australia, which resulted in customs duty refunds of $AU 5m via inconsistent application of duty exemption schemes.
• Project Lead for the design, implementation of a Warehouse Management System including integration with a customs clearance software for bonded warehouses in multiple countries, which extended to the development and training of operating procedures to ensure the relevant controls are established to ensure the governance of customs controlled cargo.