Why you need to act now
On January 1st 2021, the Brexit Transition Period will end, meaning that the UK will no longer be part of the EU customs union, and customs declarations will have to be submitted to HMRC for goods moving across the border into Europe or moving from Europe into the United Kingdom. This will affect both imports and exports.
If you do not have the correct processes and contracts in place, you will not be able to trade with the EU, which could cause costly delays.
Following Brexit, the National Audit Office (NAO) estimates that Customs Declarations could increase from the current volume of 55 million up to 255 million.
Completing customs declarations can be complicated and time-consuming, so it is important that you’re prepared for the new changes to avoid delays and issues when exporting or importing your goods.
Businesses need to have everything in place to avoid problems at the border, so your goods are imported or exported on time. Now is the time to do so, and we can help.
We have launched our ChamberCustoms service, which will allow businesses to declare goods efficiently and securely, with the information being swiftly transmitted to agencies involved with the process at the port.
What we offer:
- A high level of compliance and assurance for customers
- Confidence on tariff and data entry to remove fiscal risk; backed by technical expertise
- A wealth of international trade experience
- Calculation of duties, tariffs, and VAT due
- Export declarations
- Import declarations
We also have customs declaration training available to help you understand how to complete the documentation correctly.
As an accredited Chamber of Commerce, we have an in depth understanding of trade and a as a trusted partner of HMRC, we know the importance of compliance in international trade.
While many of the rules and regulations surrounding the end of the Brexit transition period are unknown, one thing is certain – if you prepare as much as possible now, this will reduce hold-ups and extra costs further down the line.