Brexit UK transition period ends in 16 days
The Brexit transition period ends in 16 days. If your business trades goods with Europe or you represent businesses who do, you’ll need to be prepared for changes that will come into effect from 1 January 2021.
We understand these are challenging times, but it is important to make sure that your business is ready for these new rules. At the time of writing, talks are still ongoing about our future trading arrangements with Europe. These rules will not change or go away, and the steps that you need to take to prepare, are needed in any scenario before you can trade from 1 January.
In order to export goods from Great Britain to the EU and move goods between Great Britain and Northern Ireland as of 1 January 2021, actions may be required in order to prepare for the key export processes – staged border controls, zero-rated VAT, customs declaration, using an intermediary as well as licences, certificates and authorisations that you’ll need.
If you import goods, you’ll need to prepare for making customs import declarations on controlled goods from 1 January, and by the end of June on all goods. This includes what is needed for simplified declarations, supplementary declarations, making import declarations without authorisation and delayed import declarations.
Further details can be found here: