News article

Brexit: No-deal advice for businesses only trading with the EU

3 October 2019


HM Revenue & Customs (HMRC) has written to Northern Ireland businesses that only trade with the EU explaining the situation if the UK leaves the EU without a deal

HMRC has written to 145,000 VAT-registered businesses across the UK, including Northern Ireland, which only trade with the EU. The letters explain changes to customs, excise and VAT in the unlikely event that the UK leaves the EU without a deal, and what businesses can do to prepare.

Businesses only trading with the EU – actions to take now

  • use the HMRC checklist to start working through the actions and decisions that you need to make now
  • find out if you also need an EU EORI by reading the EORI mythbuster
  • read detailed step by step guides - for importers, go to www.gov.uk/prepare-import-to-uk-after-brexit - HMRC recommend that you consider TSP (Transitional Simplified Procedures) to make your importing as easy as possible
  • read detailed step by step guides - for exporters, go to www.gov.uk/prepare-export-from-uk-after-brexit - focus on understanding what information you’ll need to give to the person you are selling to, so that they can complete the transaction
  • keep up-to-date with the latest Brexit news, including details of upcoming webinars HMRC are running on importing and exporting with the EU after 31 October

Read more letters on no deal Brexit advice for businesses trading with the EU.

These steps should be undertaken as soon as possible in order that any changes can be quickly implemented in the event of the UK leaving the EU with no deal.

Firms who only import or export goods from/to Ireland across the Northern Ireland-Ireland land border do not need to take any of the actions set out in the HMRC letter.

Further Brexit updates
You can stay up-to-date by registering for HMRC’s EU Exit update service - add your email address, select ‘Submit’, select ‘Add subscription’, choose ‘EU Exit’ then ‘Submit’.

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