Customs & Brexit

The Union Customs Code (UCC) was introduced in May 2016.  It's objective is to create a more modern and streamlined Customs environment by the end of 2020.    It is not directly connected to Brexit - but is likely to be implemented in any case, particularly as the need for simplification may increase. 

 

The changes will affect you if you are involved in:

 

  • Temporary Storage Facilities (Internal or External) - sometimes referred to as ERTS
  • NCTS (ETS) - whether you are an approved consignee/consignor or not
  • Inward or Outward Processing Relief/Drawback
  • Onward Supply Relief (OSR)
  • The cross-border movement of goods by road/rail/sea/air

 

In nearly all cases the future is brighter if you are AEO Approved, particularly if Brexit means no longer being part of the Single Market or Customs Union.   AEO allows for further simplification of Customs processes and significant savings in respect of required bonds and guarantees (for example, a 70% reduction in Deferment Guarantees).

 

You may find that your partners / customers / suppliers will only work with you if you are AEO Approved (think of it as ISO for Customs and International Trade).  The UK is lagging behind.....there are 15,000 Authorised Economic Operators, the UK represents <4% of those!

 

PARADOX will handle the approval process on your behalf and walk you through any changes you might need in order to continually comply.

 

 

 

Click HERE to see who is currently AEO approved.

Brexit & Customs Institute for Government
Excellent assessment of the options facing gov.uk post Brexit
IfG_Brexit_customs_WEB.pdf
Adobe Acrobat document [439.4 KB]
Frictionless Trade - Institute for Goverment
A look at the options for Frictionless Trade post Brexit
Frictionless Trade Web.pdf
Adobe Acrobat document [605.8 KB]

Offices at:


Sheffield
Dover
Southampton
and covering all of the UK
 

Contact us today!

If you have any queries or wish to make an appointment, please get in touch:

 

Tel :  0333 012 4819 0333 012 4819

 

info@paradox-uk.com

 

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