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Thursday 23rd July

Brexit – Implications for UK Customs procedures

Event Venue and Description – Webinar

As the UK begins its withdrawal from the EU on the 31st December, Sheffield Chamber is helping businesses to consider how they can plan for the future.

It is vital that all companies prepare themselves and be proactive in ensuring they are setting their company up to change from free trade agreement, to full customs procedures, duties and VAT.

From January 2021, traders importing standard goods, covering everything from clothes to electronics, will need to prepare for basic customs requirements, such as keeping sufficient records of imported goods, and will have up to six months to complete customs declarations. While tariffs will need to be paid on all imports, payments can be deferred until the customs declaration has been made. There will be checks on controlled goods like alcohol and tobacco. Businesses will also need to consider how they account for VAT on imported goods. There will also be physical checks at the point of destination on all high-risk live animals and a proportion of low-risk live animals.

During this webinar Nick Patrick, Head of International Trade at Sheffield Chamber and Mark Rowbotham, Customs Consultant at Sheffield Chamber will help businesses prepare for these upcoming changes in UK Customs procedures.

For further information and details of how to register, please follow the link provided.