How will Brexit affect imports and exports?
9th November 2020
Government warning time running out for importers and exporters ahead of Brexit, Spatial Global launch free information hub to guide you through the transition.
While most businesses have their hands full with the economic fallout of Covid-19, the government are warning that time is running out for businesses who are insufficiently prepared for a no deal exit from the European Union in January.
The transition period will not be extended
The Manifesto with which the current UK Government was elected was explicit in its commitment. "We will not extend the transition period beyond December 2020". The rationale behind this is it would simply prolong negotiations and business uncertainty. In making this decision the UK Government have announced Customs Simplified Freight Procedure in an attempt to provide a light touch for non-controlled goods on imports. Providing six months to declare and the opportunity to defer the payment of duties and VAT with certain conditions.
Brexit Transition Hub launched to help importers and exports
Ian Radcliffe, Product Manager at Spatial Global explains why they've created a free online information portal.
- Brexit is around the corner
- Get informed and understand key changes from Jan 1st 2021
- Adapt to the new customs environment and get prepared
Brexit Transition Hub
The 'Brexit Transition Hub' is designed to help businesses navigate the flow of information being released by providing simple guidance and practical advice for all eventualities wherever possible. Plus provide access to one-to-one support to help answer any specific concerns related to importing or exporting.
Brexit Transition Hub includes:
- An Importer's Checklist for Brexit Transition
- An Exporter's Checklist for Brexit Transition
- VAT Deferral on Imports
- Common Transit Convention Explained
- New Commercial Invoice Template
- Customs Authorisation Template
- 2021 Post Brexit Trading Scenarios
And much, much more…
We’re happy to provide it – just get in touch!
On 1st January 2021, the Brexit transition period will end and new rules governing the movement of goods between the UK and the EU will come into force. Despite transitional procedures aimed at simplifying and streamlining this process, additional requirements will be required from day 1 – are you prepared yet'
AEO certified & with years of experience in handling customs formalities, Spatial Global have the knowledge and expertise to assist clients in submitting export & import declarations. We access customs directly via our operating system, processing and transmitting numerous entries every day. Simply get in touch with us & we’ll help find the most appropriate solution to meet your specific requirements.
Information published here is correct, to the best of our knowledge and belief, at the time of publishing but we take no responsibility in the event of incorrect or misleading information. This service is provided free of charge and without liability or obligation.