HMRC provide support to businesses trading with Europe

Released 25 March 2021

VAT-registered businesses that trade with the EU are being offered further customs and tax support by HMRC.

The Government department is writing out to all UK based VAT-registered traders, as well as continuing to send weekly e-mail updates to more than 170,000 customers.

HMRC also recommend that traders:

decide if they want to delay import declarations or duty payments on goods moving between EU into Great Britain;

appoint a specialist to deal with import and export declarations. This is important, regardless of the amount or value of trade a business does with Europe. Most companies use a third party such as a freight forwarder or fast parcel operator to deal with this and do not make their customs declarations themselves;

find out whether they can claim the preferential rates of duty that were agreed in December’s cooperation and trade agreement between the UK and the EU; and

check what support is available for moving goods through Northern Ireland.

Further information, and relevant links can be found at https://www.gov.uk/government/news/hmrc-provides-tax-and-customs-support-to-businesses-that-trade-with-europe.

0
Be the first to vote

Rate this article

Subscribe