Brexit latest - six areas for SMEs to focus on to prepare for Brexit
 

1. Pick a dedicated member of staff to oversee Brexit preparations.

2.   Secure key pieces of information

  • Secure your EORI number - you need this number to move your goods. It's quick, free and easy to obtain from Revenue or HMRC.

  • Classify your goods - all goods have a commodity code. Get the codes from Revenue or HMRC. You can then use this commodity code to find out the duty for your goods by visiting InterTradeIreland’s free tariff checker.

  • Find out the origin of your goods - this will help to identify whether they qualify for lower or nil customs duty. For more information visit Revenue or HMRC.

  • Consider whether you are eligible to use any customs procedure.  There are a number of ways to make importing and exporting easier (if your goods qualify). For more information, visit Revenue or HMRC.

  • Apply the correct customs procedure code (CPC) for your goods.  Find out more at Revenue or HMRC.

  • Find out if your employees need to register for the EU Settlement Scheme.   Find out more at EU Settlement Scheme

 

3. VAT and Duties

Apply for deferment accounts for VAT and Duties. Visit Revenue or HMRC for more information.

 

4. Prepare for customs

  • Familiarise yourself with the customs declaration and how they work
  • You need a customs declaration to import or export your goods. Click here for help with customs declarations, including step-by-step videos on what information you need and how to complete Customs declarations.

5. Transit procedures

  • Find out about transit procedures and how to apply for one from Revenue or HMRC. This can take several weeks to set up, so act in good time.

6. Get ready to transport goods

  • Choose whether to appoint an agent to manage your transport. For a list of specialists, visit representative bodies for Ireland and Northern Ireland. Note that many of these agents can manage your customs declarations as well.
    Check your driving licence - Immediately post-Brexit, UK licences will not be valid for those who are resident in Ireland so you should apply to exchange your UK licence for an Irish licence.
  • Get your Green Card - Northern Ireland drivers will need to carry a green card (for proof of insurance) when travelling to Ireland. To get a green card, you should contact your insurance provider.

 

Bitesize Brexit

 

Visit our Bitesize Brexit section for some more useful steps on getting prepared for Brexit.

 

Brexit Advisory Service

 

InterTradeIreland can help businesses prepare for Brexit through a range of supports and services suited to all, including funding up to €5625. Find out more at iintertradeireland.com.  Our dedicated Brexit team are here to help, just email brexit@intertradeireland.com or telephone 028  3083 4100 (048 from Ireland)

 

 

 

 
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