TSP Are You Registered?
18th September 2019
TSP (Transitional Simplified Procedures) is the frictionless solution for UK imports. You only need to quote your UK EORI (Economic Operator Registration and Identification)
Neptune Shipping Agency LTD are members of BIFA which stands for the British International Freight Association. This is a Trade Association for companies registered in the UK that are responsible for arranging Freight and Transportation by Air, Road, Rail and Sea. With this membership we are provided with regular updates on how the Logistics and Transport Industry looks to emerge from the Brexit negotiations and how we will all be effected.
The UK left the EU on 31.01.2020 and has now entered a Transition Period which will last until 31.12.2020
During this time, the UK will remain within the Customs Union and the Single Market allowing for the free movement of goods between the UK and the EU. The Government will enter negotiations with the EU during this time with the view to securing a trade deal with the EU from 01.01.2021.
Negotiations will also be entered into with countries outside of the EU to secure trade deals that can be implemented once the Transition Period is over.
In the interim period, imports and exports from/to the EU will continue without additional checks or charges being applied.
HMRC have written to businesses to clarify the UK’s position following our exit from the EU and offer guidance regarding what steps need to be taken now to continue trading with the EU once the transitional period expires on 31.12.2020
The letter can be viewed at the following link.
The majority of submissions will be published online at the following link: https://www.parliament.uk/business/committees/committees-a-z/commons-select/transport-committee/inquiries/parliament-2017/freight-and-brexit-17-19/
TSP (Transitional Simplified Procedures) is the frictionless solution for UK imports. You only need to quote your UK EORI (Economic Operator Registration and Identification)
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