Just in case you have not been watching the news, the UK left the EU Customs Union and Single Market. From the 1st January 2021, the movement of goods is subject to export and import Customs procedures similar to movements between the UK and Australia.
Brexit will affect logistics operations considerably, and this in turn could have a detrimental effect on your business and your customers, especially if you have not got your paperwork sorted.
But with our handy guide, we will attempt to walk you through what can seem like a daunting task.
A few highlights:
- Current EU regulations mean that Customs Duties will not be applied to goods under €150 (regardless of origin). VAT will not be applied to goods under €22 (until July 2021).
- In December 2020 the UK-EU Withdrawal Committee Joint Committee reached an agreement on the implementation of the Northern Ireland Protocol. This agreement and the subsequent guidance published by the UK Government is unchanged by the UK-EU Trade and Cooperation Agreement.
- From 1 January 2021, a fee will be levied on all dutiable shipments between Great Britain and European Union countries, both inbound and outbound. Depending on your chosen carrier, our Portal will quote the appropriate clearance charges. This fee, applied by the carriers, may be adjusted should circumstances change significantly.
To learn more about how Brexit can affect your international shipping and our handy checklist to make sure you are ready.