Date posted: 9th Jun 2020
NEW AUTHORISED ECONOMIC OPERATOR PORTAL OPENS 1 JUNE
The Government are still committed to the transitional Brexit period ending on 31 December 2020 and businesses trading with the EU need to make sure they are ready for major changes. If you’re submitting an application for Authorised Economic Operator (AEO) status from 1 June 2020, you must submit them through the EU Customs Trader Portal.
This will not change the way HMRC checks your application or visits your business before they approve your application.
You will need to ask HMRC for access to the portal (which can take up to 5 days). The information for the current C117 will be completed online and a completed C118 (Self-Assessment questionnaire) attached to the application.
Read more below:
Read more June 2020 tax news below:
- Coronavirus Job Retention Scheme
- Support for the self-employed
- Can We “Furlough” the Company Car?
- What Tax Relief Can Employees Claim During Lockdown?
- Tax Deadline – P11D Forms and Share Reporting