Do you import goods from the EU?
Do you import goods that travel through the EU from the rest of the world?
Have you registered for the Government’s Transitional Simplified Procedures (TSP) status?
If you import it’s essential that you do.
HMRC has written to over 145,000 eligible businesses, yet only 10% have so far registered.
The Government are now urging all companies to check their eligibility in a bid to simplify imports for the remaining 90% of qualifying businesses ahead of a no deal Brexit.
It’s free. It’s easy and above all it will make life simpler to import goods into the UK should Britain leave the EU without a trade deal.
With a no deal Brexit companies who import from, or through, the EU will have to follow the same regulations and rules as if trading with the rest of the world. TSP status will simplify things dramatically for businesses as they adjust to a no deal Brexit.
As an importing business it will mean:
The importation of goods from, or through, the EU can continue, without making a full declaration at the border each and every time.
No import duties will be liable immediately; customs payments will be delayed for 6 months after the UK leaves the EU with TSP status.
Are you TSP Eligible?
To be eligible for TSP status your business must...
Be a resident sole trader within the UK.
Have a registered UK address.
Be permanently placed in the UK to carry out business activity.
Hold a UK EORI number or EORI that starts with GB.
Be importing goods from the EU having cleared all custom’s official regulations, or passing through the EU from the rest of the world.
Register for TSP online with Gov.uk/TSP
Don’t Have An EORI Number?
If you don’t have an EORI number – Economic Operator Registration and Identification number – you can easily apply for one on the Gov.uk/EORI website, taking less than 10 minutes.