HMRC has written to all VAT registered companies to explain what they need to do to prepare for new processes for moving goods between Great Britain and the EU from 1 January 2021, including:
- making sure they have a UK Economic Operator Registration and Identification (EORI) number
- deciding how they will make customs declarations
- checking if their imported goods are eligible for staged import controls.
These actions will not change regardless of the outcome of the government’s negotiations with the EU.
Note: Businesses can keep up to date with changes by registering for HMRC’s email updates