Author: JW / / Latest News
HMRC have published advice for VAT-Registered traders only trading with the EU, which explains the changes to customs, excise and VAT in the event that the UK leaves the EU without a deal. An initial letter was sent out in September 2018 and a further letter in December 2018. In both cases, there are 2 versions of the letter – one for EU traders in the UK except Northern Ireland and one for EU only traders in Northern Ireland.
The December letter to EU only traders in the UK except Northern Ireland sets out the following 3 actions that traders should take now in order to be prepared should the UK leave the EU on 29 March 2019 without a deal.
- Register for an Economic Operator Registration and Identification (EORI) number at gov.uk/hmrc/get-eori. An EORI number will be needed to continue to import goods from and export to EU after 29 March 2019 if the UK leaves the EU without a deal and before the trader is able to apply for authorisations which will make customs procedures easier.
- Decide whether to hire an agent to make import and export declarations on the trader’s behalf or whether to make the declarations themselves by buying software that interacts with HMRC’s systems. Where the trader wishes to make declarations via an agent, they should contact one now to find out what information they will need. If the trader is to use software to make declarations, now is the time to talk to software providers to find a product that meets the trader’s needs.
- Traders should contact the organisation that moves goods for them (e.g. a haulage firm) to find out whether they will need to supply additional information so that they can make the safety and security declarations for goods on the trader’s behalf, or whether the trader will need to submit these declarations.
The December letter to EU only traders in Northern Ireland makes it clear that traders who only import from or export goods to Ireland across the Northern Ireland/Ireland border do not need to take the above action.
HMRC are to write to traders again to let them know what further action they will need to take and when. Information is also available on the gov.uk website at www.gov.uk.hmrc/declare-goods.
Exporting and importing if the UK leaves the EU without a deal
HMRC have published guidance for traders on what to do to prepare for the UK leaving the EU without a deal. The guidance is available on the gov.uk website at www.gov.uk/guidance/exporting-and-importing-goods-if-the-uk-leaves-the-eu-with-no-deal.
The guidance includes an overview of the position and a checklist of things that need to be done in preparation for leaving the EU without a deal.
Further information on importing and exporting goods to and from the EU is available in a ‘partnership pack’ which is available on the gov.uk website.
Trading with the EU if the UK leaves the EU without a deal
A collection of guides for traders on procedures that they will need to follow to trade with the EU if the UK leaves without a deal is available on the gov.uk website at www.gov.uk/government/collections/trading-with-the-eu-if-the-uk-leaves-without-a-deal.