BREXIT UPDATE: HMRC issue traders with EORI numbers

2 September 2019

The UK tax authority (HMRC) recently announced that it would automatically provide approximately 88,000 businesses with Economic Operator Registration Identification (EORI) numbers.

If the UK leaves the EU on 31 October 2019, then any business moving goods between the UK and EU countries will require an EORI number. Going forward, businesses will need this number to declare exports and to clear goods into the UK and pay any VAT and duties due.

HMRC hope that by automatically providing these numbers, it will reduce possible delays caused by applications for these numbers post-Brexit.

LATEST NEWS

Emergency VAT measures to combat the financial impact...

Due to the negative financial impact that the coronavirus pandemic is having on businesses all over the world, a number of tax authorities have implemented...

SEE MORE
LATEST NEWS

UK cuts hospitality and tourism VAT to 5% until...

From 15 July 2020 to 12 January 2021, the UK will cut the VAT rate applicable on hospitality services from the standard rate of 20% to the reduced rate of...

SEE MORE
LATEST NEWS

Portugal extends VAT return deadlines

The May and June monthly VAT returns due on 12 July and 12 August respectively are now due on 17 July and the 17 August. The deadline for the March to June...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.