The ACT has pointed retailers in the direction of the government’s latest guidance for retailers to prepare for a no deal Brexit.
The government has released a retailer-specific leaflet which sets out changes to border processes in the event of a no deal outcome, including information on customs, trade tariffs and VAT.
According to the guidance, in the event that the UK crashes out of the EU without a deal in place there will inevitably be changes to UK-EU trade. The changes will affect: customs, trade tariffs and VAT; safety and security for goods; document requirements; vehicle standards and controlled products.
The leaflet lays out actions retailers should take to keep goods moving across the border:
- Register for an EORI number
- Decide if you will handle new customs and safety & security declarations in-house or with a third-party
- Check for updates on tariffs that apply to your goods, and consider using duty relief schemes
- Confirm if you need licences to bring your goods across the border
- Make sure drivers are aware of the documents they may need at the border
- Discuss preparations with customers and suppliers, including responsibilities and Incoterms
- Tell employees about changes to passport rules
- Plan for travel via border inspection posts and designated points of entry for certain goods
The government has also issued previous guidance on customs procedures if the UK leaves the Eu without a deal. It says there are a number of existing customs procedures and simplifications currently used when trading with the rest of the world. Retailers can use these to make the processes easier and give them a cash flow advantage.
The guidance also outlined changes related to employees and personal data. EU Citizens residing in the UK prior to 29th March 2019 will be able to apply for settled or pre-settled status under the EU Settlement Scheme, regardless of a deal or no deal.
Retailers can support their employees using the EU Settlement Scheme Employer Toolkit. The government has also introduced a tool highlighting detailed direction on policy changes, click here to find out more.