News / HMRC estimate of post-Brexit customs bill for shippers 'wide of the mark'

LID 84188685 © Chris Dorney | Dreamstime.com

A UK government paper that predicts shippers in the UK and Europe could face a £15bn annual bill for post no-deal Brexit administration of customs entries may have been substantially underestimated, claim forwarders.

An impact assessment carried out by Her Majesty’s Revenue & Customs (HRMC), published this week, estimates that UK importers and exporters will make 215 million customs declarations a year if the country leaves the EU without a deal and full customs regimes are implemented between them.

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