Implications of Brexit
Latest Update
- Border controls for EU goods imported into Great Britain (GB) will be introduced at the end of Transition Period in stages to give businesses affected by coronavirus more time to prepare.
- New GB border arrangements now in place - UK Border Operating Model
- What actions should you be taking now! Details can be found here on the HMRC website
How can we help
We have been involved with the UK Government and EU Brexit Task force on a number of areas, such as future Free Trade agreements, Impacts on the Northern Ireland border. Significant scenario planning on the event of a NO deal, Transition impacts on the supply chain.
We can help review your business and the potential impacts Brexit can bring and how to mitigate against them.
Importing from the EU
Moving goods from the EU to the UK was straight forward prior to Brexit due to the Single market and Customs Union. This has all changed and goods entering the UK from the EU are now Imports. There are opportunities to reduce the impact of Customs Duty and Import VAT. If you require support on how to simplify the requirements then please contact us, we are here to help.
10 Points for consideration
1. Register for an EORI Number
2. Find commodity code for all your products / materials
3. Value of your goods - Calculates Customs Duty
4. Are the goods restricted
5. Where are the goods coming from (Origin)
6. Simplifications and Facilitations
7. Customs Procedure Codes (CPC)
8. Import declaration
9. Pay Duty and Import VAT
10. Keep records for 6 years
Exporting to the EU
Shipping goods to the EU is no longer simple, post Brexit the EU has become an Export market. if you require support on how to simplify the requirements then please contact us, we are here to help.
Are you looking for support or an electronic solution to generate your Customs or Excise declarations. Then please click on the link for further information from one of our partners.
10 Points for consideration
1. Exporting - Get Export advice
2. Register for an EORI number
3. Do you need an Export licence
4. Find the commodity code
5. Customs Procedure Codes (CPC)
6. Register for NES to complete a declaration(unless agent in place)
7. Commercial Invoice
8. Present goods to Customs
9. Finalise the Export Entry
10. Keep records for 6 years
