Latest guidance to businesses about the UK leaving the EU

11 February 2019

HMRC’s latest letter to UK businesses that trade with the EU, sets out a number of important actions they need to take and changes to be aware of in the event of the UK leaving the EU without a deal.

The letter asks businesses to take a number of actions to prepare for no deal. These include:

  • registering for a EORI number at Get a UK EORI number to trade within the EU
  • deciding if they want to hire an agent to make import and/or export declarations for them or if they want to make declarations themselves using relevant software
  • registering for Transitional Simplified Procedures (TSP), which is a new process to make importing easier than it otherwise would be for the initial period after the UK leaves the EU, should there be no deal – registration opens from 7 February on GOV.UK.

There are also important updates on the way businesses trading with the EU pay import VAT and use EU VAT IT systems if we leave with no deal.

The full letter is available to read at Letters on 'no deal' Brexit advice for businesses only trading with the EU.

These changes do not apply to trade across the Northern Ireland-Ireland land border. HMRC will set out information about the arrangements for trading with Ireland as soon as it can.


New guidance

New guides have also been published which provide further information explaining what these changes mean for UK businesses that trade with the EU. These guides can be found on GOV.UK on:

  • Customs procedures
  • Moving goods to and from the UK
  • VAT IT systems rules and processes

New ‘Prepare your business for the UK leaving the EU’ tool

A new tool has also been published - ‘Prepare your business for the UK leaving the EU’. This is to help UK businesses find out:

  • what they need to do to prepare for the UK leaving the EU
  • what’s changing in their industry
  • information on specific rules and regulations

All you need to do is answer 7 simple questions to get guidance relevant to your business and sector. You can access the tool at Prepare your business for the UK leaving the EU.