Prepare for customs checks and controls after Brexit, say Chartered Accountants

Jul 16, 2018
- Businesses need to get serious about the prospect of a no deal Brexit -

Today (Monday 16 July 2018), Chartered Accountants Ireland and the Institute of Chartered Accountants in England and Wales (ICAEW) have unveiled a joint publication which will help both Irish and UK businesses prepare for customs checks and controls that they could face after Brexit.  

The publication, entitled “Taking the Lead - Chartered Accountants and Brexit” provides easy-to-follow guidance on how the EU customs system works, how customs duties are paid, and also helps readers in Ireland and the UK understand supply chain challenges and other barriers to trade which they are very likely to face after Brexit.  Many traders in Ireland and the UK will be dealing with these issues for the first time and for them this guide will be critical.  

President of Chartered Accountants Ireland, Feargal McCormack said:
“Business need to get serious about Brexit now. Given the outcomes of the negotiations so far, a no-deal Brexit is a realistic prospect and traders need to examine their supply chains, look at their cash flow and get up date customs knowledge in order to deal with a potentially hazardous trading landscape. This guide will go a long way in helping to do this.” 
Chartered Accountants Ireland is providing this guide to all of our members and to elected representatives across the island.

Download a free copy of the guide

ENDS

References: Dr Brian Keegan, Director of Public Policy and Taxation, E: brian.keegan@charteredaccountants.ie
Bryan Rankin, Marketing Manager, T: +353 1 637 7268, E: bryan.rankin@charteredaccountants.ie 

Notes for editors:
Chartered Accountants Ireland is Ireland's largest and longest established professional body of accountants founded in 1888. The Institute currently represents 26,500 members around the world and our role is to educate, represent and support our members. The Institute is an all-island Institute working in Northern Ireland and the Republic of Ireland. Approximately 22 percent of our members live and work in the United Kingdom of Great Britain and Northern Ireland. The Chartered Accountants Ireland Brexit Action Group coordinates extensive lobbying and public information activities to help its members North and South of the border prepare for the departure of the UK from the EU.

ICAEW has been at the heart of the accountancy profession since we were founded in 1880 to ensure trust in business. ICAEW currently has 150,000 members.