According to a survey of business leaders, almost a third of British companies that import goods from the EU are ‘not at all prepared’ for full post-Brexit customs checks. From 1 January 2022, import companies will no longer be able to take advantage of a temporary six-month grace period allowing them to delay making customs declarations to HMRC and paying any tariffs due.
Three in ten of the leaders of firms that import from the EU polled by the Institute of Directors (IoD) said they were not at all prepared for the change, with 37% of small businesses and nearly a quarter of large ones saying they were not ready.
Source: theguardian.com
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