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HMRC’s latest ‘no deal’ Brexit advice

Friday, 11 January 2019

HMRC has issued further advice on customs, excise and VAT if the UK leaves the EU without a deal on 29 March. Aimed at VAT-registered businesses that trade with the EU only, the letters outline three steps they should do in this event:

  • register for a UK economic operator registration and identification (EORI) number, which would be needed to continue to import or export goods with the EU after 29 March;
  • decide whether they will use a customs agent to make import or export declarations or will make the declarations themselves using specialist software;
  • contact the organisation that moves their goods to find out whether they will need to supply additional information to complete safety and security declarations, or whether they will need to submit these declarations themselves.

Versions of HMRC’s letter of advice are available for businesses based in England, Scotland and Wales, with a separate version for those based in Northern Ireland. Businesses can also stay up to date by registering for HMRC’s EU exit update service.

See Latest ‘no deal’ Brexit advice.

News Article From: Taxation.co.uk

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