If the UK leaves the EU without any agreement then the World Trade Organisation route may be the only viable option. If this is the case, then in order to trade with EU countries, customs clearance formalities will have to be completed, potentially including processing of customs duty/excise and customs VAT.

In order to prepare for this situation, the following should be considered.

Make sure you have an EORI number. If you do not have one already it can be applied for, free of charge at https://www.gov.uk/eori. Obtain the EORI number of your EU supplier, as both EORI numbers will be required to fulfil customs formalities.

It would also be necessary to know the UN customs code numbers for the goods being imported/exported. 

If you already trade with countries outside the EU then you may already have a customs VAT/Duty deferment account. This should be reviewed to consider increasing it, should a no-deal Brexit happen.

At Bring we are experienced in customs clearance formalities and our staff are here to help.

If you have any questions, please feel free to discuss with your usual Bring Cargo Ltd contact who will try to ensure you get the best advice as we currently know it or point you in the right direction to get clarification.

There is also more information on UK Government websites.