Monday, July 15, 2024
Brexit: The first Delayed Declarations deadline looms

Brexit: The first Delayed Declarations deadline looms

UK importers who made the most of the Government’s Delayed Declarations scheme in January of this year, now have less than a month to complete customs.

That’s the reminder from logistics specialist Rhenus UK, which is urging businesses to get their paperwork in order now so they don’t miss the rolling deadlines for customs clearance starting June 25.

Following the end of the Brexit transition period, the UK Government introduced Delayed Declarations, giving businesses importing into the UK up to 175 days to complete their customs declarations. For anyone who took advantage of this measure on January 1 2021, their first deadline is June 25 2021 and it’s fast approaching.

The Government has extended the scheme to defer declarations to 31 December 2021 on a rolling basis, however it is important that importers remain vigilant and ensure that their supplementary declarations are processed as each 175-day deadline approaches. Missing the deadline may lead to an HMRC fine and removal of the right to delay future declarations.

Rhenus has recommended that businesses submit their supplementary declarations in good time to avoid the anticipated surge in brokerage requests prior to the first deadline date.

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