As Britain’s scheduled exit is less than two months away, Tudor International Freight has been assessing the possibility of a “no deal” scenario to ensure that businesses involved with movements between the UK and Europe suffer as little disruption to their operations as possible.
If no deal can be agreed between both parties, the free circulation of goods between the UK and the EU would cease. This would mean that a shipment between the UK and France would be treated no differently to a shipment between the UK and China from a customs perspective.
The team at Tudor International Freight are prepared and ready for a potential “no deal” outcome.
Although uncertainty remains high, there are several steps that businesses can take to ensure disruption is kept to a minimum:
- Register for an EORI (Economic Operator Registration and Identification) number online. This number is free to obtain from HMRC and takes a few working days to become active.
- Check incoterms on contracts and your documentation such as commercial invoices. These terms appoint responsibilities during the transit of goods from one point to another.
- Familiarise yourself with the Trade Tariff. Each product being transported will need to be classified with a ten digit reference which determines the Customs duty payable at destination.
- If you are not currently completing customs entries, you may wish to consider using the services of a customs broker for assistance with the submission of an import / export declaration.
It is likely that UK ports, particularly Dover, will experience significant congestion in the short term if no deal can be agreed between the UK and the EU. This will likely lead to delays and lengthier transit times.
As an Authorised Economic Operator (AEO), Tudor International Freight will continue to monitor the situation closely over the coming months and will provide updates, guidance and advice where possible.
Should you require any further information, feel free to contact the Tudor International Freight team.