What will happen after 31 December 2020?
(Issued: November 2nd 2020)
From 1st January 2021 the UK will no longer be a member of the EU and our trading arrangements will change so we will all need to prepare for life outside of the various arrangements of the past 40 plus years.
One of the most significant to change will be relating to the free movement of goods.
Although details of any potential “deal” are still unknown, Mission Express have prepared for the no-deal scenario.
This would result in the UK trading as a/becoming a third country when trading with the EU, therefore merchandise will become subject to customs procedures and potentially tariff schedules defined by WTO (World Trade Organisation) rules.
In short form…currently sending an item to an EU Member State requires no additional customs paperwork such as an invoice.
From 1st January 2021, sending the same item to an EU Member State WILL require an export invoice and the receiver MAY be liable for import duty/tax (paid to their local customs authority). This is how it happens, in most cases, when sending shipments to non-EU countries such as the USA, India and Australia.
We strongly recommend that all UK companies apply for an EORI Number (Economic Operators' Registration and Identification number) from HMRC in the UK.
It sounds complicated but really it is quite simple and can be completed online.
Check this link for information and to start the application. then please ensure you let us know your EORI Number!
We may all have to apply for an EORI Number from the EU however this is still undecided but again, it will be a very simple process via one central web portal.
Be assured, Mission Express is ready, we understand your business and will be beside you making sure you can continue to trade seamlessly and confidently.
Your success is our success as this is a continued partnership of trust and communication for the long term.
Mission Express are Brexit ready therefore, so are you!
Are you Brexit prepared?
Mission Express is prepared and monitoring the Brexit situation closely to offer guidance to our customers on how they can prepare for any significant challenges that may lay ahead.
Speculation on the consequences and outcome of Brexit negotiations has reached a critical point but remains un-clear.
In the event of a ‘No Deal’ scenario on 29th March, all goods between the UK and Europe will require customs clearance. Congestion at ports has been widely predicted with the impact wide-spread for a period of time.
Establishing the Customs commodity codes and inco-terms for your goods.
This will allow you to apply the correct rate and amount of Duty and keep you compliant with HMRC
Do you know your commodity codes?
Have you registered to get your EORI number?
If you do not have an active EORI number (Economic Operator Registration & Identification) this will be needed for Customs Clearance. It’s free to apply online and currently takes just a few days to obtain.
Check is your business ready to provide commercial documentation for each Export or Import movement?
This should include:
Sales value & Currency
Country of Origin
Need more Brexit help?
If you have any questions and would like to talk to us about being ready for Brexit, please contact us:
Tel +44 (0) 208 917 1299 email@example.com