Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. In this June 2021 post from Descartes’ blog, Martin Meacock highlights some ongoing post-Brexit challenges importers face.
Six months on since Brexit formally came into effect, and current indications are that the UK’s exit from the European Union will cause many a headache for import compliance managers for years to come.
For example, customs declarations deferred for EU shipments right now under transition arrangements will become mandatory soon. And British customs authorities are beginning to remind shippers that they need to start filing earlier than later to avoid a documentation backlog, penalties and worse. Meanwhile, claiming preferential rates is deemed to be too complex and many companies are preferring to pay their duty bills now in favor of reclaiming the money later.