HMRC will introduce simplified customs procedures for 145,000 UK importers who trade with the EU in the event of a no-deal Brexit. This will give traders a chance to prepare to apply the same customs processes when trading with the EU that already apply when trading with the rest of the world. These simplified procedures will be in place for at least a year from 29 March 2019.

HMRC have written to affected traders telling them about the Transitional Simplified Procedures (TSP) for customs which will make importing easier for a year after Brexit in the event of a no-deal.

Businesses must register for TSP to be able to transport goods from the EU into the UK without having to make full customs declarations at the border. Traders are able to postpone paying import duties for a month after import. Import VAT will be due on the next VAT return rather than when the goods arrive at the UK border.

Businesses can register for TSP from 7 February 2019 if they are established in the UK, import goods from the EU and have an EORI number.

More information on the TSP can be found on Gov.uk and you can also read a copy of the letter sent to traders.