At the conclusion of the chess game between the EU and England that started 5 years ago, on 31 December 2020, the queen finally stepped off the board. From this day onward, from the waves washing gently against the southern shores of England to the bards of Wales and the mountains of Scotland echoing the songs of bagpipes, all goods moved across the border are considered as either import or export.
What does this mean in practice?
There is no more free movement of goods, of which we have grown so accustomed to. All incoming and outgoing transport of goods will require custom declaration.
- Is it worthwhile to trade cryptocurrency as a private person or as a business?
- What kind of documentation will be needed?
- What are the costs involved?
- How much customs duty and VAT liability will you have?
You have too many questions, to which you cannot find the answer, or you need someone, who can guide you through the maze of customs? Don’t hesitate to contact us.