BREXIT IMPORT / EXPORT - Update
As the UK is leaving the EU on 31 January 2020, we want to reaffirm that there will be no changes to the custom union or terms of trade between the UK and the EU and the rest of the world during this time.
Between 1 February and 31 December 2020, there will be an implementation period.
Please see a letter published by the British Government’s HMCR
For the ABA’s Firsts London Rare Book Fair in June 2020, it will be business as usual.
ILAB Members are welcome to apply for the fair https://www.firstslondon.com/account/register
Extract from HMCR documentation (see link above)
The UK is leaving the EU on 31 January 2020: What it means for your business
We are writing to you because you’re a VAT registered business and have told us that you trade between the UK and the EU.
We have written to you previously about how to prepare your business for customs and border arrangements when we leave the EU.
We’d like to thank you for the preparations you’ve made over the last year, and tell you about what will happen next.
What will happen after 31 January 2020?
From 1 February the UK will no longer be a member of the EU, and we’ll enter an implementation period that lasts until 31 December 2020. During this time there will be no changes to the terms for trading with the EU or the rest of the world, unless the rules change for the whole of the EU. This means EU rules for customs, VAT and excise will continue to apply to the movement of goods and trade for this limited time. There will be no new customs procedures at present.
What will happen after 31 December 2020?
From 1 January 2021, the way you trade with the EU will change, and you’ll need to prepare for life outside the EU, including new customs arrangements.
For example, for trade between Great Britain (GB) and the EU, you will need to make customs declarations to import and export goods once the UK is outside of the EU’s customs territory. We’ll provide more information and guidance during the implementation period, and as the negotiations progress.
What you need to do now
• Keep up to date
As you’ve already registered for us to provide you with updates by email, we’ll use that to contact you rather than sending a letter in future. If you still want to receive paper letters, you can let us know by updating your registration. Go to www.gov.uk/hmrc/business-support and select ‘Sign up to help and support emails from HMRC’.
• Make sure you have your Economic Operator Registration and Identification (EORI) number
You’ll need a UK EORI number that starts with the letters ‘GB’ to be able to submit customs declarations to move goods between GB and the EU after the implementation period ends. If you already have a UK EORI number starting with ‘GB’, keep it safe as you will need it when the implementation period ends.
If you do not have a UK EORI number starting with ‘GB’ you should register for one at www.gov.uk/eori. It’s quick and easy to register.
The ABA Office can be contacted for any further questions:
Office: +44 (0)20 8004 9512