Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Simplified ‘no deal’ customs procedures for EU imports

11 February 2019
Issue: 4683 / Categories: News , Europe , International

HMRC has written to 145 000 VAT-registered businesses trading with the EU about simplified importing procedures and also updated them on the actions that they need to take to prepare.

New transitional simplified procedures (TSP) will reduce the information businesses need to give in an import declaration when goods are crossing the border. They do this by allowing importers to defer giving a full declaration and paying any duty. 

Businesses can register for TSP from 7 February. To do this they must have an economic operator registration and identification (EORI) number be established in the UK and be importing goods from the EU into the UK.

Currently under import processes for trading with the rest of the world goods are not released from customs control until a full import declaration is made and the duty is paid or accounted for.

HMRC says it will review the policy three to six...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon