HMRC has released additional information on a No Deal Brexit. The so-called Partnership Pack It covers:
- Customs
- Excise
- VAT
- Regulatory changes
- Trade Tariff
- Trading goods regulated under the ‘New Approach’
This is a quite detailed document at 119 pages and it states that:
“The government will work closely with industry to ensure that cross-border activity continues to be conducted in a way which minimises delays and additional burdens for legitimate trade, while robustly ensuring compliance.”
We shall see how well this works in practice in the event of a No Deal Brexit.
Specifically, there are details for the following matters:
- Businesses importing from the EU only
- Businesses exporting to the EU only
- Trading with the EU and the rest of the world
- Trading with the rest of the world only
- Service industries
- Businesses supplying services to the EU
- Express courier industry and postal services
- Tour operators
- Creative, cultural and sport
- Agrifood, animals and plants
- Business importing and exporting plants and plant products from/to the EU and elsewhere
- Businesses buying and selling timber or timber products in the EU Updates to this pack
- Businesses selling duty-suspended alcohol, tobacco or fuel in the UK
- Businesses and individuals exporting controlled goods
- Businesses supplying medicines and medical devices
- Businesses producing and exporting chemicals from outside the European Economic Area (EEA)
- Businesses shipping waste into and out of the EU
- Transporters
- Haulage companies operating between the UK and the EU
- Ferry or Channel Tunnel operators moving goods between the UK and the EU
- Freight forwarders
- Other operators at the UK border
- Customs agents
- Ports and airports
- Customs warehouses
- Temporary storage operators
- Communication resources
This list is not exhaustive.
It is a useful document for any business to read but I hope that it is never required.