Brexit -The Future Relationship between UK and the EU

July 13, 2018

Brexit - You will have all heard on the news about the Brexit policy paper (The future relationship between the United Kingdom and the European Union) that was issued Thursday 12th July.

 

If you want to read it can be found at below link

https://www.gov.uk/government/publications/the-future-relationship-between-the-united-kingdom-and-the-european-union

 

 

However the main crux is that:-

-        a new Free Trade Area will be set between UK and EU therefore shipments to and from Europe will effectively carry on as they are currently with no need for customs clearance at the port, (how this effects VAT records is not quite clear yet).  

-       The UK will continue working to UCC rules

-       AEO status will be maintained

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