Posted: Fri 10th Dec 2021
UK small businesses that trade with the EU are being encouraged to get ready for the introduction of full customs controls on 1 January 2022.
To help companies deal with the changes following Brexit, the government has staged the new rules.
Currently, firms are able to delay making import customs declarations, but from January 2021 most traders will have to make declarations and pay relevant tariffs at the point of import.
Rules of origin for imports and exports
Under the UK's Brexit deal with the EU, goods may benefit from a reduced rate of customs duty if it can be proven that those imported from the EU originate there or goods exported to the EU originate in the UK. This is known as the rules of origin.
Throughout 2021, businesses haven't had to show all required paperwork to give them time to comply. But from 1 January 2022 you must have supplier declarations (where required) at the time you export goods.
Supplier declarations are needed to confirm the origin of the goods you're exporting when the manufacture alone is not enough to meet the product-specific rules of origin.
Commodity codes are used worldwide to classify goods that are imported and exported. They are reviewed by the World Customs Organisation every five years and the UK codes will change on 1 January 2022.
Advice and information on how small businesses can successfully import, export and expand overseas, provided by Enterprise Nation in collaboration with Deloitte. Take me to the hub