Mike Purcell Accountant and Software Consultant

The government yesterday wrote to all UK based VAT-registered businesses to advise on the preparations to make for post-Brexit trade with the EU.

From 1st January 2021, the UK will be operating a full, external border with the EU. This means that there will be controls applied on the movement of goods between Great Britain and the EU from the start of next year, including the need to submit declarations for ‘controlled’ goods (such as alcohol or tobacco products).

What you need to do:

1. Make sure you have an Economic Operator Registration and Identification (EORI) number. You can get one here: www.gov.uk/eori   

2. Decide who will deal with customs for you. This could be a freight forwarder, customs agent/broker or fast parcel operator.

3. Check if your imported goods could be eligible for staged controls, allowing you to defer import declarations for up to 6 months. For more information on this, go to: www.gov.uk/guidance/using-simplified-declarations-for-imports

4. Decide how you will account for import VAT and check if it is due at the border. https://www.gov.uk/government/publications/changes-to-vat-treatment-of-overseas-goods-sold-to-customers-from-1-january-2021

5. Check the ‘Controlled’ goods list to see if you need to complete declarations from 1st January 2021. If your goods aren’t on the list, you could delay import declarations until July 2021. See the list here: www.gov.uk/guidance/list-of-goods-imported-into-great-britain-from-the-eu-that-are-controlled

6. Check the government’s tariff schedule – the ‘UK Global Tariff’. To see what duties could apply to your goods, go to: www.gov.uk/guidance/uk-tariffs-from-1-january-2021

7. Sign up for the Trader Support Service (TSS) if you move goods between Great Britain and Northern Ireland, or you bring goods into Northern Ireland from outside of the UK. To register your interest, click here: www.gov.uk/guidance/trader-support-service

What about ‘non-controlled’ goods?

Import processes for ‘non-controlled’ goods’ will be introduced in 3 stages: January, April and July.

For more information

For more information and guidance on preparing your business for Brexit, click here. Or, get in touch with the Oldfield team on 024 7667 3160 or email info@oldfieldadvisory.com