Originally written by Ben Lobel on Small Business
The Government has admitted that British companies trading with Europe will have to fill in an extra 215 million customs declarations a year post Brexit.
And this post Brexit customs bureaucracy burden will cost British businesses around £7bn a year, according to Government officials.
One way to relieve the burden for businesses will be to use a customs agent to process your Brexit paperwork. Some 50,000 new private-sector customs agents will have to be hired by businesses to deal with UK-EU border paperwork after December 31, 2020.
In 2018, former HMRC head Jon Thompson estimated that the cost of each customs declaration could be £32.50 each but that could go as high as £55.
What does a customs agent do?
A customs agent – also known as a customs broker or import broker – works to make the import and export of goods run smoothly, by facilitating the clearance of goods through customs.
Customs agents are experts in international trade – it’s their job to keep abreast of the changing rules and regulations, and make sure that their clients have all the paperwork and licenses they need to import goods to the UK.
What’s the difference between a customs agent