HMRC updates ‘no deal’ EU trading advice

As Brexit negotiations continue to be poised on a knife-edge, HMRC has announced it is extending arrangements already announced for traders to use transitional simplified procedures (TSP) designed to make importing easier, in the event of the UK leaving the EU without a withdrawal agreement on the new date of 12 April

The changes include an extension of the date when the first supplementary customs declarations must be submitted, and any import duties must be paid, to 4 October 2019, with subsequent declarations submitted monthly.

HMRC also says it will be making TSP available at all UK ports if the UK leaves the EU without a deal.

TSP is designed for businesses importing goods to the UK from the EU that may be new to import declarations, but who must first register for an economic operator registration and identification (EORI) number if they do not already have one. HMRC points out this number is crucial for businesses to be able to trade after the UK leaves the EU in the event of a no deal Brexit. 

Once a business is registered for TSP, it will be able to transport goods from the EU into the UK without having to make full customs declarations at the border or pay import duties straight away, to allow businesses time to prepare for usual import processes.

For most goods imported using TSP, traders will be able to delay putting in customs declarations for the first six months after EU exit. Businesses will have until 4 October 2019 to submit declarations and pay any import duty for goods imported up to 30 September 2019. After that, customs declarations and payments will need to be made on the fourth working day of the following month.

HMRC is also giving importing businesses until 30 September 2019 to provide a guarantee that is required to cover any customs duties that they wish to defer. This will apply for all importers, not just those who have registered for TSP.

TSP will now be available for any port or airport, where goods are being brought in from the EU following discussions with stakeholders from across the ports industry. Under the initial plan, this was originally available only for priority roll-on-roll-off locations like Dover or the Channel Tunnel. The department says it will continue to work with ports, including airports, and other key stakeholders on TSP implementation, recognising that circumstances will be different from port to port.

Guidance Register for simplified import procedures if the UK leaves the EU without a deal

Report by Pat Sweet

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