Deadline For Brexit Deal Moves

by | Aug 29, 2018

Reports today are suggesting that the deadline for agreeing the UK’s divorce from the EU has unofficially been moved from October to the middle of November.

It is believed that the longer time frame has been agreed as little headway is being made with a mutually agreeable trade deal, and without this extension a hard Brexit is looking inevitable.

Both parties are reportedly keen to ensure the terms of the exit are outlined before leaders meet President Trump at the Group of 20 nations summit at the end of November. Therefore, it appears that the decision whether we enter into a hard or soft Brexit is likely to be apparent in the next 11-12 crucial weeks.

While the UK government is still reporting that a no-deal scenario is unlikely, last week they published a guidance page outlining how trade will be affected if no deal was reached, which can be found HERE.

Notably, one of the recommendations for the no-deal route is the need for importers and exporters to have a registered EORI number, which we have also been communicating recently.

It is believed that should a hard Brexit materialise, customs declarations on EU arrivals may not be required at the time of entry and might be submitted retrospectively, subject to an EORI number being declared upon arrival.

If you do not currently have an EORI number then please contact us to discuss our EORI application service.

To find out more about how Customs Insights can add assist with your post-Brexit customs preparations, then please 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.

Specialist Customs Regimes

Compliance and assistance for the many specialist Customs regimes.

More News…..

How to Streamline your Art Clearance

How to Streamline your Art Clearance

When it comes to the seamless transit of fine art and valuable commodities, experience and expertise matter. At Customs Insights, we understand the intricacies of customs clearance, and with our specialised Art Clearance services, we are here to ensure that your...

Prepare for the Upcoming NCTS Phase 5

Prepare for the Upcoming NCTS Phase 5

We’re here to help you prepare for the introduction of New Computerised Transit System Phase 5 (NCTS5) on 1st July 2024. With the upcoming transition from NCTS4 to NCTS5 in Northern Ireland (NI) and Great Britain (GB) on the 1st July 2024, planned system downtime has...

Share This