UK agrees new customs arrangements with the Crown Dependencies
The government has signed new arrangements with the Crown Dependencies to maintain and reaffirm our close customs relationships.
The government yesterday signed new arrangements with each of the Crown Dependencies (the Bailiwick of Jersey, the Bailiwick of Guernsey and the Isle of Man) to maintain and reaffirm our close customs relationships.
This ensures that, when the UK leaves the EU, traders moving goods between the UK and Crown Dependencies (and vice versa) will continue to pay no customs duty and the UK and the Crown Dependencies will maintain a common external tariff.
The new arrangements will come into force when the UK, alongside the Crown Dependencies, leaves the EU Customs Union.
Financial Secretary to the Treasury Mel Stride yesterday said:
These new agreements place our customs relationships on a firm footing for the future, and reflect the shared objective of the UK and Crown Dependency governments to ensure a continuation of our current customs relationships when the UK leaves the EU.
The UK government continues to work towards a deal with the EU. These new arrangements are compatible with any future agreement on customs reached with the EU.
The arrangements underline the Prime Minister’s stated commitment to ensure that the UK’s departure from the EU delivers for the whole UK family, including the Crown Dependencies, and builds on the positive collaboration that has taken place between the UK and Crown Dependency governments since the 2016 referendum.
In the case of the Isle of Man — where there is an existing agreement covering customs, VAT and excise matters —modifications have been made to the customs aspects of the agreement but existing arrangements for VAT and excise-related issues remain unchanged.
Latest News from
Welsh goods exports spurred by state-of-the-art manufacturing infrastructure15/02/2019 15:25:00
Liz Truss attends Finance Ministers Quadrilateral meeting in Cardiff and visits local engineering firm.
Marriage Allowance promoted on Valentine's Day14/02/2019 15:25:00
HMRC is encouraging married couples and people living in a civil partnership to sign up to the tax free break, which is worth up to £238 this year.
32 million people better off as key legislation passes final hurdle13/02/2019 15:48:00
The Finance Bill 2018-19 receives Royal Assent.
Terrorism insurance gap closed, giving peace of mind to businesses13/02/2019 14:38:00
Business owners will now find it easier to buy terrorism insurance that will pay-out if they lose custom in the wake of a terror attack because they cannot trade or are prevented from accessing their premises.
New stamp duty land tax surcharge for non-UK resident homebuyers to be introduced12/02/2019 11:10:00
Proceeds of the new surcharge would be put towards measures to tackle rough sleeping.
Changes to the Board of NS&I announced06/02/2019 14:15:00
Jill Lucas has been appointed as a NS&I Non-Executive Director and James Furse's term has been extended.
Wealth of Diversity Conference: Economic Secretary's speech05/02/2019 16:10:00
The Economic Secretary to the Treasury, John Glen speaks about the business case for diversity and inclusion at the PIMFA Wealth of Diversity Conference 2019.
HM Revenue and Customs simplifies importing from the EU as part of 'no deal' preparation04/02/2019 16:15:00
HMRC announces Transitional Simplified Procedures for customs, should we leave the EU without a deal, by writing to 145,000 VAT registered businesses trading with the EU.