This alert, aimed at organisations trading in goods, sets out details of some recent changes to HMRC guidance in relation to the UK’s new trading arrangements once the Brexit withdrawal period ends on 31 December 2020.
During December, HMRC issued a number of new or changed guidance documents and several of these were issued in the week ending 18 December. The changes include:
HMRC has issued a lot of updated guidance and it is proving a challenge for organisations to keep on top of the developments whilst making their best efforts to prepare for the UK’s new trading arrangements. Organisations are advised to review the latest HMRC guidance to see whether it has an impact on the plans they have put in place to give their products the best possibility of being able to move without disruption come 1 January 2021.
For more information, visit our Brexit Hub. If you would like to discuss this issue further, please contact Rob Marchant or your usual Crowe contact.