The Brexit trap
Despite a government ad campaign, consistent warnings in the media and our own posts, a recent poll by Lloyds Loading List found that one-third of businesses believe they are not ready for Brexit border changes, which could impact supply chains as a whole come the 1st January 2021.
While the trade talks continue, the outcome will have no impact on the need for traders to make import and export declarations on EU trade, after the end of the transition period on the 1st January 2021.
The government has now clarified the import and export processes that will apply and the simplifications that have been implied, are now implicitly ruled out, with EU trade subject to fundamentally the same HMRC oversight as imports and exports with the rest of the world.
Your EU imports will be subject to import Customs declarations from the 1st January 2021. You need to be prepared and you need to prepare your suppliers to supply critical information BEFORE consignments move to the export port, so that we can pre-lodge entries.
Your import checklist
EORI number is compulsory
VAT must be accounted for in quarterly return
Tariff classification codes must be identified
Brief supplier on your requirements
Authorise us as your Broker
Send us as your data
Brief your suppliers
You MUST instruct ALL your suppliers to provide you (and us, if you want us to act as broker) with the following information and documentation:
EAD Export Accompanying Document
Documents Invoice, Packing List, CMR, Delivery Note, Cert of Origin(if any)
Trailer or vehicle number
Intended routes and date
Contact us now. We can help you through your checklist and supplier briefing, so that you can join the two thirds of business who believe they are ready for the Brexit border changes.