The United Kingdom (UK) – once “Brexit” will be completed – will belong no longer to the EU tax and customs and tax (excise duties and VAT). Thus, trade flows between UK and EU will be considered as commercial transactions with a Third Country. So, customs status of goods will have to be established, whether they enter, exit or transit through the EU and UK tax and customs territories, as well as legal provisions and procedures be applied as to VAT and excise duties.
Preparedness for Brexit
In view of UK withdrawal from EU, ADM is preparing every possible scenario, through a deep analysis of risks and solutions.
This section is to be considered as a supporting tool, together with other initiatives in the menu, in order to reach with as much useful information as possible.
The European Commission has already published several information concerning EU strategic interests. The Italian Presidency of the Council of Ministers also published specific info notes about consequences in case of Hard Brexit, and how to prepare for it.
The following links, divided according to their source, contain specific information, also concerning ADM’s mission:
- European Council
- European Commission
- Revised text of the Political Declaration setting out the framework for the future relationship between the European Union and the United Kingdom as agreed at negotiators’ level on 17 October 2019, to replace the one published in OJ C 66I of 19.2.2019, not yet ratified by the British Parliament
- Revised texts agreed at negotiators’ level for the Protocol on Ireland/Northern Ireland included in the Withdrawal Agreement, not yet ratified by the British Parliament
- Brexit preparedness: Commission intensifies “no deal” customs preparedness outreach to EU businesses
- Italian Customs and Monopolies Agency