
EU Importers/Exporters Would Need A Customs Agent?
The businesses which only buy and sell goods from and to the EU but not from any non-EU country probably would have no experience of dealing with the raft of red tape involved in clearing goods through customs and settling any duties or VAT payable.
The businesses will need to abide by the new regulatory situation from 1 January 2021 which is only a matter of weeks from now. They will need to employ someone or appoint a customs agent to undertake the necessary chores.
For most businesses, the latter option may be preferred. The Government has anticipated this need and there is a list of UK customs agent available.
https://www.gov.uk/guidance/list-of-customs-agents-and-fast-parcel-operators#list-of-customs-agents
If you transport goods on behalf of EU or UK businesses, back and forth across the English Channel, the regulations your drivers will need to comply with from 1 January 2021 are significant.
Government has again stepped up and provided detailed guidance. You can Google and download a PDF copy of their Transporting goods between the UK and EU in a no-deal Brexit: guidance for hauliers on the GOV.UK website.
The outcome of current trade talks with the EU is still uncertain. However, whatever the outcome of these talks, UK firms involved in the acquisition and/or transport of goods to and from the EU will need to abide by the new regulations imposed as a result of our exit from the European Union.
If you would like to know more about it, feel free to contact us.
Since the private school VAT change, effective 1 January 2025, private school tuition and boarding in the UK have been...
A temporary VAT cut of 5% will apply from 25 June 2026 to 1 September 2026 on certain children’s meals,...
Most businesses ask this as a yes-or-no question, but UK VAT does not work that neatly. VAT on transaction fees...
In HMRC v M R Currell Ltd [2026] EWCA Civ 445, the Court of Appeal held that an £800,000 payment...
HM Revenue & Customs (HMRC) has set itself an ambitious goal: by 2030, 90% of customer interactions should be digital,...
UK corporate law and HMRC guidance have long recognised that transactions between a company and its shareholders are subject to...
The UK Court of Appeal has clarified the VAT treatment of education grants, marking an important shift for schools, universities,...
Buying two or more homes together can trigger special stamp duty and property transaction tax rules across the UK. The...
Submitting a VAT return on time is one of the most important VAT responsibilities for UK businesses. A missed deadline...
HM Revenue & Customs (HMRC) has adopted a significantly tougher stance on VAT investigations for large businesses recently. Investigations into...