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

EU confirms €3 customs duty and VAT treatment for...

From 1 July 2026, the EU will remove the current customs duty exemption for goods valued at €150 or less. Instead, a temporary €3 customs duty per item...

SEE MORE
VAT news
LATEST NEWS

EU council struggles to agree on the removal of the...

The EU is struggling to finalise changes to its Import One Stop Shop (IOSS) system as part of the 2028 Customs Reforms, with member states divided over plans...

SEE MORE
VAT news
LATEST NEWS

Austria proposes a €2 customs charge on a per parcel...

Austria is proposing to impose a €2 charge on e-commerce low-value imports (under €150) entering Austria from outside the European Union from October...

SEE MORE
VAT news

Gated Content

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