Goods moving between the UK and EU27 are previously deemed “intra-EU movements” resulting in very little, procedure or documentation between the relevant customs authorities.
Post Brexit these UK/EU27 movements could be considered imports and exports, which changes how these goods are treated, and the information and costs required to move them.
Customs procedures may be introduced requiring businesses to send information and data on their goods to UK and EU27 border agencies – in a similar way that has to be done for goods entering and leaving the UK from outside of the EU.
There may be additional checks/inspections on the goods you are moving across the border, that do not exist when moving goods within the European Single Market and Customs Union.
This may require new or extra capabilities within IT systems, especially for those businesses that currently only trade within the EU.
Given the potential changes ahead, businesses may want to consider obtaining AEO status and understanding customs regimes such as inward processing and customs warehousing.
Business may wish to seek advice on restructuring of logistical and supply chains in order to protect commercial interests.
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Deloitte
Deloitte’s customs and global trade specialists around the world can help businesses establish an international business strategy designed to manage costs and global trade regulatory requirements while leveraging innovative technology solutions.
Articles
Customs and Global Trade advisory | Deloitte UK
Understanding Customs Duty | Deloitte UK
Brexit deal alert: Customs and Trade Facilitation | Deloitte UK
The Future of Customs’ webinar series | CustomsClear | Deloitte
Contact Information
Sarah Noble, Partner (sanoble@deloitte.co.uk, D: +44 20 7007 5177 | M: +44 7867 156449)
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Grant Thornton
Since Brexit, management of customs issues has become increasingly important for businesses that trade internationally. We work with a wide range of clients to improve and maintain compliance through a focus on the three pillars of customs, namely valuation, classification and origin. Furthermore, we advise on implementation of customs duty relief schemes that improve cashflow and provide cost savings to those that store, manufacture and trade goods internationally. Our support to clients ranges from discrete classification queries to complex integration programs for large multinational corporations.
Articles
The Customs Declaration Service – HMRC replaces CHIEF | Grant Thornton
Contact Information
James A Shields, Industrials BD Manager, Marketing and Business Development (James.A.Shields@uk.gt.com, D +44 (0)1908 359589 | M +44 (0)7785 973000 | T +44 (0)1908 660666)
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Gowling WLG
Gowling WLG’s award-winning EU, Trade and Competition team provides clients with a practical competitive edge, based on the very latest developments in international trade law and policy, including trade defence investigations, EU and UK sanctions, import and export controls, compliance, dispute resolution, Incoterms and international trade contracts.
Articles
New UK sanctions regime | Gowling WLG
Tariff Free Trade? Understanding Rules of Origin | Gowling WLG
Brexit threats and opportunities | Gowling WLG
Protectionism: A new era | Gowling WLG
Contact Information
Bernadine Adkins, Partner – Head of EU, Trade and Competition (Bernadine.Adkins@gowlingwlg.com)