The potential customs implications of Brexit
The SFA advises members to inform themselves of all customs and excise requirements that may arise for imports/exports between Ireland and the UK (incl. NI). Members are reminded that if there is a ‘no-deal’ Brexit then Ireland and the UK (incl. NI) will, from Day 1, be treated by each other as third countries when it comes to trade. This will lead to a significant increase in custom arrangements and declarations.
If you import or export goods into or out of the EU, you must classify those goods for customs purposes. Every product has a specific code. This classification code determines the amount of Customs Duty you will pay on imported goods. You can use TARIC to classify your goods to the appropriate code that you will need to import or export your goods.
At this stage, members should also determine whether they have to comply with UK customs requirements. Members can also consult GOV.UK guidance on the UK leaving the EU with ‘no deal’.
An Online Customs Insights course is also available to help businesses understand the key customs concepts, documentation and processes required to succeed in a post Brexit world.
If you have a specific query in relation to Brexit and customs matters, please email email@example.com with the relevant details.
Please contact Elizabeth Bowen, Senior Executive at firstname.lastname@example.org or 01 605 1626 with any queries you may have on Brexit.