With the American elections, we had almost forgotten about our European event: the Brexit! In our article « Les conséquences du Brexit sur les envois de colis », My Flying Box already shared its concerns. A brief summary of what lies ahea
After a transition period, Brexit will come into force on January, 1st 2021 and the United Kingdom will leave the European Union.
The borders will be re-established, which will have an impact on your activities and travel.
In this dossier, you will find answers to your questions about customs formalities related to Brexit, so that you, both individuals and companies, can get to know and anticipate the new rules.
After a transition period, Brexit will be concretely effective only as of December 31st 2020, the end of the transition period provided for in the United Kingdom’s opt-out agreement. This transition period was intended to allow an agreement to be reached on the future trade relationship between the United Kingdom and the European Union (EU). It is likely to be extended, although this remains unlikely, as Prime Minister Boris Johnson already seems to rule it out.
Shipments of goods are directly impacted by the British earthquake since Britain is the second largest e-commerce market in Europe after China.
💥Before December 31st 2020: as far as customs duties are concerned, nothing changes
– The United Kingdom is a member of the European Union.
– Trade between the member states of the European Union and the United Kingdom is subject to an Exchange of Goods Declaration (GED) filed monthly with customs. It allows the administration :
– to draw up foreign trade statistics;
– to ensure the fiscal monitoring of intra-community flows of goods (VAT).
This declaration can be completed by your accountant
💥 On January 31st 2021, at the end of the Brexit transition period, customs duties will apply!
– Customs formalities for each exchange with the United Kingdom.
– Submission of a customs declaration for each of your operations.
This declaration will be used to calculate duties and taxes, establish international trade statistics and carry out targeted controls.
This 54-box declaration can be completed either by a customs clearance professional or by yourself if you are used to trading with non-EU countries. It must be submitted to the competent customs office, the one where the goods are presented, either at the time of presentation of the goods to customs or within 30 days prior to presentation of the goods to the competent customs office (advance customs declaration).
In all cases, keep in mind the following points:
– Customs duties and VAT on imports of goods into the UK and the EU
– Customs Invoices are required for trade between the UK and the EU.
– Transit times are subject to change
– Tariffs may change following customs clearance.
– Additional inspections for certain goods
The French government has set up a portal dedicated to any questions you may have about Brexit.
In this 7-step guide, My Flying Box explains how to start your international shipments, specifically with United Kingdom