EORI – Be Ready For Brexit

by | Aug 17, 2018

Last week the UK’s international trade secretary – Liam Fox – suggested the odds were 60/40 against a trade agreement being in place with the EU, therefore a ‘hard Brexit’ currently seems most likely.

One of the consequences of a hard Brexit will be full Customs declarations for all of the UK’s European movements. An estimated 150-180,000 UK companies only trade with Europe and may be unfamiliar with customs procedures.

Customs entries will require an Economic Operator Registration and Identification (EORI) Number. There is no extra administration in having an EORI number, it just means importers and exporters will be ready should the need arise.

If you do not currently have this in place, then Customs Insights provide a service for a small fee to make the application for you. It may be prudent to consider this early – to avoid the inevitable last minute administration delays should a hard Brexit ensue.

For more information on applying for an EORI number, or to get competitive pricing on your customs entries, then please do not hesitate to call  01304 211652 or email enquiries@customsinsights.co.uk.

 

 

Follow Us:

Consultancy Services

Ensure compliance, resolve difficulties, manage efficiencies and reduce duty.

CFSP Bureau Services

Customs Freight Simplified Procedures, a simplified electronic paperless gateway.

More News…..

VAT With Or Without A Deal

VAT With Or Without A Deal

After last week’s acceptance of Boris Johnson’s deal in parliament, the EU followed up by agreeing a further extension to Brexit until 31 January 2019. While the deal was approved in principle, all options remain firmly on the table as parliament can still fail to get...

The Brexit Deal And Northern Ireland

The Brexit Deal And Northern Ireland

EU leaders backed and agreed a third extension to Brexit on Friday, and today confirmed a new deadline date of 31st January 2020.  This follows last week’s parliamentary votes to accept Boris Johnson’s deal but to refuse the short timescale. The deal is a modified...

UK Gov Issue No Deal Guidelines

UK Gov Issue No Deal Guidelines

While parliament remains in the middle of critical debates surrounding the no deal scenario, the UK Gov site has issued guidelines to businesses on how to prepare for the possibility.The guide outlines what steps UK businesses should take to be able to send and...

Share This