Clients exporting to EU if a no-deal Brexit - Makesworth Accountants

Clients exporting to EU if a no-deal Brexit

Clients exporting to EU if a no-deal Brexit | Accountants in Newquay Accountants in Cannalidgey Accountants in Fentonpits | Accountants in Walton Court Accountants in Barnsbury Accountants in Dulwich Accountants in Eltham | Accountants in Hughtown | Accountants in Mousehole | Accountants in Smithies

Clients exporting to EU if a no-deal Brexit

Topic: Clients exporting to EU if a no-deal Brexit

If the UK leaves the EU without a deal, any UK business that exports goods to the EU will be responsible for making customs declarations (as is the case for businesses currently exporting goods outside the EU).

If you have clients that trade with the EU, you should check that they have a UK Economic Operator Registration and Identification (EORI) number. If they have not applied, it is important that they apply for an EORI number as soon as possible. If the UK leaves the EU without a deal, they will need an EORI number to move goods into and out of the UK. This identification number will be required even if your client appoints a customs agent to assist in making customs declarations.

An EORI application is made to HMRC and usually takes up to 3 days to be processed. UK EORI numbers start with the letters ‘GB’. Most are then followed by a 12-digit number based on the businesses VAT number. There is an EORI checker available to check EU-wide numbers on the Europa website.

For more information on Clients exporting to EU if a no-deal Brexit, Book a Free Consultation

See also  Exporting goods to EU after 31 January 2020

Need Accountancy Support?

For information on bespoke training, or if you have any other questions for Makesworth Accountant, please fill in your details below

Accountancy Support

Your Name(Required)

Proud to be featured in

Happy with our services? Please leave us a Google Review. Click here