Information Videos for Traders in a No-Deal Brexit
HMRC has produced a number of videos to help businesses prepare for trading with the EU following a no-deal Brexit. There are currently 3 videos:
- getting ready for Brexit;
- importing goods; and
- exporting goods.
The main video is getting ready for Brexit which is one hour long and covers 5 key areas that UK businesses must be aware of in order to continue trading when the UK leaves the EU with a no-deal Brexit. The 5 areas are:
- applying for an EORI number;
- preparing to make Customs declarations;
- transitional simplified procedures;
- entry summary declaration (also known as safety and security declarations); and
- paying customs duty, VAT and excise
The remaining 2 videos cover importing and exporting goods.
The videos can be accessed from the gov.uk website https://www.gov.uk/guidance/help-and-support-for-traders-if-the-uk-leaves-the-eu-with-no-deal
See how we can help in the event of a no-deal Brexit here.
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