No-Deal BREXIT and the introduction of Transitional Simplified Import Procedures (TSP)

If the UK leaves the EU without a deal, HMRC will introduce Transitional Simplified Import Procedures (TSP).

In the event that the UK leaves the EU without a deal, from 11pm GMT on 29 March 2019, many UK businesses will need to apply the same procedures to EU trade that apply when trading with the rest of the world.

Currently, under import processes for trading with the rest of the world, goods are not released from customs control until you make a full import declaration and pay the duty owed in full.

HMRC has put in place transitional simplified procedures to make it easier for you to import goods from the EU using roll on roll off locations like Dover or the Channel Tunnel.

What are the benefits of TSP?

TSP is aimed at reducing congestion at the ports, and minimising the negative cash flow effects of a no-deal BREXIT on importers’ businesses. This is done by allowing businesses to:

  • Defer giving a full declaration until the 4th day of the month following the import
  • Defer paying any duty until following month

Who can to Register for Transitional Simplified Import Procedures (TSP)?

Companies who only currently trade with the EU. If your company trades outside of the EU with Non-EU countries already, then you do not need to register for TSP.

To register to use transitional simplified procedures you must:

  • have an EORI number
  • be established in the UK
  • be importing goods from the EU into the UK – including goods travelling via the EU from the rest of the world providing they have cleared EU customs formalities

Who cannot register for TSP?

You cannot register to use transitional simplified procedures if:

  • the only goods you import are coming into the UK directly from outside the EU
  • you choose to use a customs special procedure for your goods
  • HMRC records show that in the past you have had overdue tax returns, have not paid tax or duties due or your business is insolvent

Can we apply TSP to Non-EU imports?

No, unfortunately this only applies to EU to UK imports. Full import procedures will remain in place for non-EU imports.

How long will TSP be in place?

HMRC are saying they will review TSP 3 to 6 Months after the 29th March. If they decide to withdraw them, they will give 12 months’ notice period to give businesses time to prepare for full import processes.

Where can I find more detailed information?

HMRC have released this guide to notify UK importers of the procedure.

https://www.gov.uk/guidance/register-for-simplified-import-procedures-if-the-uk-leaves-the-eu-without-a-deal

Where do I register?

If you currently trade with non-EU countries, HMRC indicate that you do not need to register. However, if you only trade with the EU, then you will need to register here:

https://www.tax.service.gov.uk/submissions/form/transitional-simplified-procedures/Are-you-legally-established-within-the-United-Kingdom?n=0

Where can i find more information about preparing for BREXIT?

HMRC have provided a tool for helping businesses prepare for BREXIT.

It can be found here: https://www.gov.uk/business-uk-leaving-eu


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