Week 4 Brexit - Are you ready for the new customs paperwork?
- 20th November 2020
If your business imports or exports goods either as sales or in your supply chain, there are a number of things you need to do and be aware of with the end of the Brexit transition period ending on 31st December 2020.
Regardless of whether a deal is reached between the UK & EU, import and export customs declarations will be required for the movement of goods as of 1st January 2021.
It is estimated that the number of customs declarations will increase from 50 million to 200 million.
Exporters are urged to speak with their customs broker or import-export agent who acts on their behalf to secure the service they need beyond the 31st December or look at setting up your business to make declarations internally.
Here to Help
To help SMEs prepare for Brexit, we have produced some helpful materials including:
Preparing for Brexit: A Guide for SMEs (including helpful links to tools and further resources); and
If you would like any further guidance or help in relation to Brexit, please get in touch.
For further information about Brexit and for useful links and resources please visit our hub page.
All data and figures referred to in our news section are correct at the date of publishing and should not be relied upon as still current.