Post-Brexit deal welcomed in NI amid concerns over future outside EU Manufacturing NI: ‘First trade deal in history which makes doing business more, not less, difficult’
Thu, Dec 24, 2020, 19:38 Updated: Thu, Dec 24, 2020, 19:39
Business leaders have welcomed the EU-UK Brexit deal agreed on Christmas Eve, while highlighting the new barriers to business that will be imposed as a result of exiting the European Union.
The director general of the British Irish Chamber of Commerce, John McGrane, said businesses in Ireland and across the UK now could “breathe a collective sigh of relief”.
“The new trade agreement will help to protect nearly €90 billion in trade across the Irish Sea and sustain 400,000 jobs on these islands,” he said.
17th December 2020
HMRC launched a new UK Trader Scheme (UKTS) this week to support businesses moving goods from Great Britain to Northern Ireland from the start of next year.
Traders are being urged to consider whether they need to sign up to the scheme to ensure they don’t pay tariffs on the movement of goods into Northern Ireland from Great Britain where those goods can be shown to remain the UK’s customs territory.
Businesses can now apply for a UKTS authorisation, allowing them to self-declare goods not ‘at risk’ of moving on to the EU after entering Northern Ireland. This means they will not be subject to EU duties on goods being sold to or used by consumers after entering Northern Ireland from Great Britain, regardless of the outcome of the trade negotiations between the UK and the EU.
BREXIT 2021 70% of retailers totally unprepared; food sellers demand port distribution enquiry; HMRC trader support scheme announced internetretailing.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from internetretailing.net Daily Mail and Mail on Sunday newspapers.
UK Trader Scheme launched to support businesses moving goods from Great Britain to Northern Ireland
Businesses urged to consider what they need to do before their first movement of goods after 1 January 2021.
From:
New UK Trader Scheme (
UKTS) will help ensure traders don’t pay tariffs on the movement of goods into Northern Ireland from Great Britain where those goods remain in the UK’s customs territory
Traders can self-declare goods not ‘at risk’ of entering the EU so that they’re not subject to EU duty
Businesses urged to consider what they need to do before their first movement of goods after 1 January 2021
Apply for authorisation for the UK Trader Scheme if you bring goods into Northern Ireland from 1 January 2021 gov.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gov.uk Daily Mail and Mail on Sunday newspapers.