Duty deferment payment updates —post-Brexit transition guidance from HMRC

Published on: 03 March 2021

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Specialist Tax Regulatory Materials

Article summary

HMRC has updated its guidance on duty deferment payments in Great Britain (GB) and Northern Ireland (NI) to reflect the end of the Brexit transition period and to confirm that businesses can now cancel or amend their duty deferment account online. While the Brexit transition/implementation period ended at 11 pm on 31 December 2020 (IP completion day), the government continues to issue new and updated Brexit webpages and guidance documents on the associated legal and practical changes. Further guidance may continue to be issued post-IP completion day, so stakeholders are advised to monitor these pages for updates.

Jurisdiction(s): England, Northern Ireland, Scotland, Wales and European Union

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