Customs clearance issues facing ROI - one day course launched

Sep 12, 2019
In the event of a no-deal Brexit, in Ireland there will be a tenfold increase, from five million to about 50 million annually, in the number of customs, safety and security and transit declarations that will have to be completed.  To process these, it is estimated that between 2,500 and 3,000 extra customs clearance agents will be required to handle this vast increase in declarations that must be submitted by importers and exporters transporting goods into, out of and via the UK. 

In a no deal scenario, free trade between the EU and the UK would no longer be possible and trade would operate under World Trade Organisation (WTO) rules where tariffs, border checks and detailed paperwork apply. 

If you trade with the UK after a no deal Brexit, the rules of trade with a non-EU country will apply.

Importing goods from UK after Brexit will require:

• an import declaration;
• customs controls;
• may incur VAT and customs duties;
• may require a licence if importing prohibited or restricted goods.

Exporting goods to the UK after Brexit will require: 

• an export declaration;
• customs controls;
• may require a licence if exporting prohibited or restricted goods;

With such a deficit in trained customs clearance agents, many companies especially small/medium sized ones, will struggle to deal with this increased regulatory burden and may well look to their accountant for support and guidance. With this in mind we have developed, in association with the Irish Exporters Association ("IEA") a one-day course which will provide participants with insights of how to manage their dealings with customs efficiently. 

Topics covered will include: 

• The role of customs, examples of types of movements and the interaction with customs and other agencies;
• Classification, including the harmonized system, understanding different regimes (Customs and Border Protection/European Union), simple/complex products, reclassification of products and voluntary disclosure;
• Valuation including calculation of Single Administration Documents, audit requirements, custom brokers and customs brokerage audits;
• Customs procedures are covered with a focus on customs warehousing, inward processing, procedure codes, international business Quotas, the Free Trade Zone, Authorized Economic Operator ("AEO"), including types of AEO, requirements and process, mutual recognition and Incoterms;
• Transit: the Common Transit System and requirements;
• Safety and Security Declarations: Entry and Exit Summary Declarations - When required, who makes them, importance;
• Business preparation for customs: Risks, checks, inspections, penalties.

Places are strictly limited. 

https://www.charteredaccountants.ie/knowledge-centre/brexit/movement-of-goods