Chapter 1 - Introduction, agenda and common issues.
Michael McNeill and Claire McCaffrey from PWC introduce the session and provide insight into some of the issues which NI businesses who have been trading under the Protocol have experienced so far.
Chapter 2 - Movement of goods NI-GB and GB-NI
Michael and Claire explain how NI businesses will maintain unfettered access to the GB market as well as the limited changes to VAT and customs processes.
They also explain the most significant changes to the movement of goods between GB and NI for businesses.
Michael summarises changes to VAT processes while Claire addresses the circumstances where additional duty may be charged.
This chapter includes information on important aspects of the Protocol including:
- Operation of the Trader Support Service (TSS)
- ‘At Risk’ definition and criteria
- UK Trader Scheme (UKTS) qualifying criteria for traders of goods not ‘at risk’.
Chapter 3 - Movement of goods EU-GB-NI, NI-EU and EU-NI
Michael McNeill and Claire McCaffrey examine the movement of goods EU-GB-NI and explain how the EU-UK Trade and Cooperation Agreement (TCA) interacts with the NI Protocol and the implications for NI businesses including duties on goods. Claire addresses the instances when duties may be applied and what options are available to business to mitigate them.
This chapter clarifies the VAT and customs processes for the movement of goods between NI and the EU and contains important information about NI’s continued access to EU simplifications, such as call of stock, and alignment with EU VAT changes such as distance selling registrations.
Finally, it explains how to identify if you are trading under the NI Protocol and how to ensure you have a XI VAT number.
Chapter 4 - Movement of goods GB –EU, EU-GB, NI-ROW and ROW-NI
Michael McNeill and Claire McCaffrey discuss the potential need for fiscal representation and VAT registration in EU countries as well as the data and processes for new mandatory customs declarations.
This chapter explains the impact of changes including postponed VAT accounting, duty deferment accounts, the removal of Low Value Consignment Relief, reporting requirements and the importance of commodity codes.
There is also an overview of the ‘at risk’ test which will determine if UK or EU tariffs are charged on imports to NI from Rest of World.
Chapter 5 - Systems, procedures and registrations
Claire McCaffrey describes how the Trader Support Service enables GB and NI businesses to lodge legally required customs declarations. She also provides an overview of some of the issues with the TSS system as well as easements such as apportionment and bulk uploads.
This chapter outlines the process of claiming back duties if the goods businesses import remain in NI and how state aid can be used to mitigate tariffs.
Michael McNeill reminds viewers how to self-identify that they are trading under the Protocol to qualify for an XI VAT number.
Chapter 6 - Q&A
Michael and Claire answer questions from the audience on customs and VAT issues.
EU Exit | Trader Support Service update – Reopening after Covid – Recap of customs and VAT implications of the NI Protocol
As a result of the easing of Covid-19 restrictions, many businesses are now preparing to re-open for the first time since December 2020. This webinar, delivered by VAT and Customs experts from PWC, is designed to help these businesses adapt to the Northern Ireland Protocol and the post EU Exit trading environment. This presentation and subsequent Q&A section will also be useful for businesses seeking a refresh of the key changes brought about by EU Exit.
The presentation and slides includes links to further advice and training.