Motorsport companies trading with the EU need to take action now!
16 October 2019
Have you got your EORI number?
Motorsport businesses trading with the EU, HMRC has advised that, post-Brexit, businesses trading with the EU will require an Economic Operator Registration and Identification (EORI) number. Firms without an EORI number may face ‘increased costs and delays’, the government recently warned.
In the event of a no-deal Brexit, businesses will need a 12 digit EORI number that starts with GB in order to move goods in or out of the country. Firms that already have an EORI number that starts in GB can continue to use it. Businesses do not require an EORI number if they only move goods between Northern Ireland and Ireland.
Firms can apply for an EORI number here: bit.ly/2qTeFiW.
Businesses are also advised to decide whether a customs agent will be used to make import and/or export declarations, or whether declarations will be made by the business via software.