Brexit Guidance From HMRC

Business Comments Off on Brexit Guidance From HMRC

New HMRC guidance on a no-deal Brexit has outlined steps British businesses need to take right now if they are importing or exporting goods.

According to this HMRC guidance, there are three steps UK businesses need to take now:

  1. Register for a UK Economic Operator Registration and Identification (EORI) number.  Businesses will need an EORI number to import or export goods with the EU in a no-deal scenario and before you can apply for authorisations that will make customs processes easier for you. There will be more information on this in early 2019.
  2. You need to decide if you want to hire an agent to make import and/or export declarations for them or if they want to make these declarations themselves via software.
  3. And finally, you should contact the organisation that moves your goods to find out if they will need to supply additional information in regards to the safety and security declarations for your goods, or whether you will need to submit these declarations yourself.

For further information and guidance please contact Andy Oakes