For more than two years 29 March 2019 was the date on which the UK was expected to leave the EU. Brexit has of course now been delayed, although the new longstop date of 31 October 2019 is itself subject to change. For more information on the extension agreement between the UK and the EU read our recent blog here.
A no-deal Brexit remains a possibility notwithstanding the apparent desire of the UK Parliament to avoid that outcome.
If the UK leaves the EU without a deal, importers and exporters risk goods being held at the UK border unless they have taken a number of key steps:
- Get a UK Economic Operator Registration Identification Number;
- Register for the Transitional Simplified Procedure if eligible;
- Make sure you are set up with an agent / appropriate software to make customs declarations.
Read our latest legal update for more information.