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British Rubber & Polyurethane Products Association

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Importing and exporting in the event of no deal

Posted on 21 February 2019

Simplified import customs procedures for no-deal

HMRC have announced that businesses will be able to use simplified customs declarations and postpone payment of duties under a Transitional Simplified Procedures (TSP) scheme if there is a no-deal Brexit (but there will still be additional information needed for controlled goods).  The measures will apply to most businesses importing from the EU at roll-on-roll-off-ports.  The measures would come into place from 29 March and be reviewed after 3 to 6 months.  Businesses will be given 12 months’ notice if they are to be withdrawn.  These transitional simplified procedures reduce the amount of information you need to give up front in an import declaration when the goods are crossing the border and also by deferring the payment of duty.

There are four key actions for traders:

1.            Register for Economic Operator Registration and Identification (EORI) number if you haven’t done so already at www.gov.uk/hmrc/get-eori.

2.            Check the guidance to see if you qualify and check which ports TSP applies to: www.gov.uk/hmrc/eu-simple-importing

3.            If it will work for you, sign up for TSP online.

4.            If tariffs apply to the goods that you import and you want to use TSP you will need to apply to defer any duties payable (HMRC will provide further details on this very soon) and have a financial guarantee by 30 June 2019 for any duties deferred.

If you’re exporting, register for the National Export System at https://www.gov.uk/guidance/export-declarations-and-the-national-export-system-export-procedures