Getting ready for Brexit: UK’s Border Operating Model published
Our colleagues from Crowe UK have published an article detailing the UK Government’s border operating model. A number of things will change with regard to the import and export of goods from 1 January 2021. This is when the Brexit transition period will end and the UK will no longer be a part of the EU Customs Union, the Single Market or subjec to the EU VAT Directive.
Some key takeaways which businesses will need to focus on include but are not limited to: import and export declarations, EORI numbers, Duty and VAT payments, and commodity codes. Impacted businesses are encouraged to start planning as soon as possible.
For more details about the UK’s Border Operating Model please visit the link below:
If you have any questions about how Brexit will impact your business, please feel free to contact Crowe Peak.