About Brexit Update
We are holding our final Brexit webinar on 10 December to summarise the issues businesses need to be aware of and the actions they need to take now.
KEY POINTS
Overseas businesses
- MUST get applications to HMRC as soon as possible if they want to be registered for 1 January 2021.
- Customs duty procedures are taking longer to process.
UK businesses
- MUST get overseas VAT registrations and EORI numbers in place ASAP
- May need to take short-term actions – look at revising shipping terms or get agents or freight-forwarders to account for import VAT and customs duty in EU countries.
ACTION REQUIRED
