Brexit preparations from PSP Logistics
Sensible businesses continue planning for NO DEAL. HMRC’s preparation is complete. They created TSP, introduced a number of easements and relaxed many of the processes. It is now up to you to get ready.
We detail below a summary of HMRC’s no-deal Brexit processes and outline how your EU imports and exports will operate post Brexit
Contact us at PSP Logistics if you are unsure of your next steps.
If you have only been importing from the EU you must register for an EORI number, to arrange import transport, or clear your good through customs post-Brexit.
Importing from the EU
If the UK leaves the EU without a deal you’ll need to be ready to make customs declarations and follow other customs rules for the goods you import.
If you’re importing through Dover or the Channel Tunnel, you cannot submit customs formalities when your goods arrive in the UK. We will make your customs declaration and obtain a movement reference number (MRN) so that your goods can be loaded onto the ferry or train on the EU side.
The main customs form used in international trade is the Single Administrative Document, which we submit to HMRC electronically.
Transitional Simplified Procedures
You need a valid EORI number to register for TSP. Both are free and quick to do and we can manage the whole TSP process for you.
Once registered for TSP you will be able to import from the EU without having to make full customs declarations at the border or pay import duties straight away.
HMRC have confirmed that TSP traders will not need a MRN before their consignments can load the ferry/tunnel. A valid EORI will suffice. (This does not apply to controlled goods.)
To further support businesses, HMRC had announced for most goods imported using TSP, traders will be able to delay putting in customs declarations for the first 6 months after EU exit.
If no delay is granted, customs declarations and payments will need to be made on the fourth working day of the following month.
TSP had been extended to any port or airport, where goods are being brought in from the EU
The government issued temporary tariffs before the latest EU extension, which had denoted 87% of goods at zero, if the UK does finally leave the European Union without a deal.
It appears that the new tariffs had been being reduced or eliminated where there are no British producers to protect, with around 5,000 tariff lines that are zero and 470 with a tariff.
There are changes to the discharging of these specialised transit documents. Please contact us directly for further information.
PSP Logistics can advise you on ATA Carnets and T1s.
The low value ceiling of £135.00 will be abolished and all parcels from the EU, up to the ceiling will be liable for import duty and VAT, payable by the seller.
This applies to Business to Business and Business to Consumer.
The EU seller must either:
– register with HMRC parcel service and obtain a Unique ID
– the UK parcel operator will pay HMRC on the behalf of the foreign seller.
PSP Logistics may arrange customs clearance on behalf of the overseas seller, and collect payment of duty / VAT from them.
This does not apply to parcels worth more than £135.00, excise goods, or gifts
The only body that is permitted to collect VAT from the consumer/receiver is the Royal Mail.
The exporting situation has been more opaque, as so much depends on EU developments.
We expect that an NES export declaration will continue to be required (for Permitted to Process) and it may be that we will have to raise T1 transit documents.