Brexit Bulletin, 18 October 2019

Oct 18, 2019

With a new Brexit deal on the horizon, read a summary of its key features in this week’s bulletin.

The Brexit deal explained

Following two days of intensive negotiations, a Brexit deal was agreed upon yesterday between the UK government and the EU. Here’s a summary of the commercial elements of the deal which has yet to be passed by the parliaments of both the UK and the EU:

Customs arrangements

On the issue of customs, Northern Ireland will remain part of the UK’s customs territory. Goods entering Northern Ireland from Great Britain will be checked to ensure EU rules are maintained and duties charged if the goods are at risk of subsequently being moved into the EU.

Where goods remain in Northern Ireland or re-enter the rest of the UK, traders in Northern Ireland could claim back the difference, in the form of a rebate of the duties paid. If products are transported on from the Northern Ireland to Ireland, or other parts of the EU, no rebate could be claimed.


The issue of how Value-Added Tax (VAT) will be applied in Northern Ireland after Brexit was one of the last holdups in the negotiations for a deal.  EU rules on VAT and excise duties will apply in Northern Ireland, with the UK authorities responsible for their collection. The UK may apply VAT exemptions and reduced rates applicable in Ireland to supplies of goods moving across the island of Ireland by way of derogations.

The Protocol states that they, “intend to mutually recognise the trusted traders' programmes, administrative cooperation in customs and VAT matters and mutual assistance, including for the recovery of claims related to taxes and duties”.


What’s Next?

This deal still has to be ratified. For up to date analysis make sure to read the Brexit Bulletin in Monday’s tax newsletter. Subscribe here.

Brexit preparedness resources

Brexit Customs Level 1 and 2 – CPD course

Chartered Accountants Ireland, in association with the Irish Exporters Association, has launched a brand new continuous professional development (CPD) course - Brexit Customs Level 1 and 2 in both the Republic of Ireland and Northern Ireland.

This course provides participants with insights into how to manage their dealings with EU/International customs efficiently and explores areas such as goods classification, origin, valuation and transit. 

Interested parties can visit the CPD Brexit programmes page of our website to learn more and register for the upcoming course in Cork.


Guidance video: Single Administrative Document

Chartered Accountants Ireland has released a quick guidance video on how to fill out the Single Administrative Document, which will be a requirement for making customs declarations post-Brexit by both Irish/UK traders to trade with the UK/EU respectively. Visit to watch the video.


HMRC – Customs funding

The UK government have announced additional funding to support businesses with the costs of making customs declarations. Businesses based in, or with a branch in, the UK can apply for funding ahead of the UK leaving the EU. Grants can be used to support:

  • training costs for businesses who complete customs declarations, or who intend to in the future
  • funding for IT improvement, which is available to small and medium sized employers who are currently involved in trade as an intermediary

Applications can be made online, with the grant being offered within 30 days of applying. 


Irish Government Brexit Supports

The Department of Business, Enterprise and Innovation have released several Brexit preparedness supports, including the Brexit preparedness checklist, the Brexit Loan Scheme and the Getting Business Brexit Ready guide. For the full range of supports for businesses, visit the Department’s website.


Read all our updates in our Brexit web centre and our page dedicated to no-deal Brexit planning.