On 24 December 2020, the new EU-UK Trade and Cooperation Agreement was agreed in principle and has come into force on 1 January 2021.
From 1 January, the trade and movement of goods between the UK and the EU are subject to the new terms and rules outlined in the Agreement. It has been agreed that for many products no import duties have to be paid on both sides.
For our parcel industry, it means that between the UK and the EU:
Detailed data are required to export goods
- Customs declarations are required for each parcel
- The goods sent are subject to VAT (and duties when applicable)
- Inspections may take place on some goods imported or exported
- Rates change as a result of customs handling
- Transit times may increase because of linehaul changes and potentially customs checks
For any specific question related to Brexit, please contact firstname.lastname@example.org