Importing and exporting with a ‘no deal’ Brexit
Current Issues | Owner-managed businesses | 4th February 2019
HMRC have published guidance on how to prepare for a ‘no deal’ EU Exit for importing and exporting.
If we leave the EU without an agreement on 29 March 2019, UK businesses will have to apply customs, excise and VAT procedures to goods traded with the EU, in the same way that already applies for goods traded outside of the EU.
Trading partners in the EU will also have to apply customs, excise and VAT procedures to goods received from the UK, in the same way that they do for goods received from outside of the EU.
Please read the following guides for more information: