Businesses will need to complete customs declarations from January 2021, regardless of whether the UK agrees a free trade deal with the EU.
Traders importing standard goods will need to prepare for basic customs requirements, such as keeping records of imported good and considering how they account for and pay VAT on imported goods.
Traders will have 6 months to complete customs declarations.
In order to complete declarations, you will need a GB EORI Number and decide whether you will us a customs intermediary. If you decide to complete the Customs declarations yourself, you will need to know the customs value and commodity code for goods traded.
While tariffs will be payable where due on relevant goods, payments can be deferred until the customs declaration has been made.