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Brexit and customs processes

The UK Brexit transition period ended on 31 December 2020. New rules apply from 1 January 2021. This page brings together guidance and news from ICAEW, as well as externally-produced resources that provide practical information on navigating the new customs processes and procedures for international trade.

Need to know

Latest news and insights

Guides and FAQs

VAT post Brexit

FAQ on how VAT rules have changed for British companies selling UK stock globally, now that the United Kingdom has left the European Union.

UK VAT implications of Brexit

In the event that the UK reaches no agreement after the end of the transition period, the UK Government has indicated that there will be a number of changes to the VAT rules, which we summarise. Join ICAEW's Tax Faculty for more guidance and Know-How content.

Brexit grants for customs declarations

Once the transition period ends on 31 December 2020, businesses will need to complete customs declarations for goods crossing the UK border (except goods moving between Northern Ireland and Ireland). Funding to help with completing the customs declarations has been made available by HMRC.

Webinars

An exporters guide to Brexit

This webinar, in partnership with MHA MacInytre Hudson, explores export supply chain scenarios and highlights areas that UK businesses must consider as part of their Brexit planning to avoid unnecessary delays or compliance failures. It covers INCOTERMS for reviewing contracts, options for minimising customs duties, and labelling requirements.

The trading landscape after Brexit - the customs perspective

The departure of the UK from the EU in March 2019 is a once in a generation change of profound significance. In July 2018, ICAEW and Chartered Accountants Ireland teamed up to publish a guide to Brexit designed to help our members advising UK and Irish businesses how to navigate this seminal change.

Resources from the Institute of Export and International Trade

Our new collaboration with the Institute of Export and International Trade (IOE&IT) ensures ICAEW members have access to the latest support and guidance. If you are interested in accessing further resources from the IOE&IT, we have negotiated an exclusive 10% discount of the IOE&IT membership fee by using the promo code ICAEW21. Visit the IOE&IT's website for details on how to become a member at this discounted rate.

Supply chain resilience after Covid and Brexit

This 45-minute session with the Institute of Export and International Trade and Bibby Financial Services will update traders on the state of global trade as economies exit Covid-19 lockdowns and the UK adapts to new trade rules with the EU.

IOE Incoterm lunchtime webinar

Watch the IOE&IT's lunchtime learning webinar on Incoterms. It covers Incoterms® and the history, what Incoterms® do and do not cover, the 10 articles under Incoterm, insurance, the “Terms”, delivery.

ICC Incoterms®2020 – what you need to know

In this one-hour webinar, the Institute of Export and International Trade - an ICC-licensed training provider for the new rules - discuss how Incoterms work, what the major changes in the 2020 version are and what exporters need to know to use them effectively.

INCOTERMS® 2020: Is Your Organisation Ready?

From 1 January 2020, the revised set of eleven Incoterms apply and businesses trading cross borders are able to incorporate them into their sales contracts. Here we look at what they are, why they matter, how they have changed, and explain how they if applied correctly, can expedite your cross-border shipments and enhance supply chain agility.

Customs 101: Customs Freight Simplified Procedures

In this event we seek to set out the main elements of Customs Freight Simplified Procedures (CFSP). It provides a board indication of the authorisation requirements, the CFSP reporting process and the control measure necessary to maintain an approval. In addition, the webinar expresses the importance of CFSP in relation to Brexit and the proposed changes that are likely to come into effect.

Customs declarations for trade with the EU

The Institute of Export and International Trade held a one-hour webinar to introduce you to the processes involved in completing declarations accurately and the information you need to have available to do so.

Export controls in 2021 post-transition

This one hour webinar by the Institute of Export and International Trade reviews changes in trading arrangements for goods subject to export controls and the requirements for businesses to comply with new trade and regulatory requirements.

ICC and IOE&IT discuss Incoterms® 2020 rule changes

At the Institute of Export and International Trade's recent London World Trade Summit, Trade Finance Global (members and media partners) interviewed Chris Southworth (Secretary General - International Chamber of Commerce UK) and Lesley Batchelor OBE (former Director General at the Institute of Export & International Trade), discussing rule changes to Incoterms 2020.

External resources

Trading with the EU and Northern Ireland – SME toolkit

Bite-sized summaries explaining the actions and decisions that SMEs need to take when importing and exporting, providing services in the EU, travelling for business, trading and moving goods in and out of Northern Ireland, hiring EU citizens, and protecting data and IP. Includes a useful glossary of terms you need to know and helpline numbers.

Keep your business moving: Video explainers on new rules for doing business with EU

Suite of on-demand short videos from UK government for businesses on importing, exporting, rules of origin, tariffs, providing services to EU markets, Northern Ireland, data handling, hiring staff, and selling goods. Sector-specific videos also cover chemicals regulations, IP, emissions, waste, and Horizon funding. Free registration required.

What are customs import declarations?

HMRC webinar explaining how to make import declarations to import goods between the EU and Great Britain, including simplified and supplementary declarations, as well as the key terminology and new processes.

IoE partnership

Access the very latest support and guidance on trading with the EU

Our new collaboration with the Institute of Export and International Trade (IOE&IT) ensures ICAEW members have access to the latest support and guidance. Our Brexit hub features examples of the resources the IOE&IT have made available to our members. If you are interested in seeing more, we have negotiated an exclusive 10% discount of the IOE&IT membership fee by using the promo code ICAEW21.