DPD Brexit update: Two different scenarios of Deal and No Deal

A DPD Brexit update considers two scenarios of ‘deal’ and ‘no deal’ that would influence merchant’s trading after the UK ends its membership with the EU in 28 days. DPD have provided a guide on what actions are required in the event of either of these scenarios.

DPD Brexit update on Deal

DPD said that with a deal of any kind, the fact that we’re leaving the single market would mean that customs declarations would be required for import and export. But what does it mean for sellers?

• Goods between the UK and EU may be subject to duties and VAT
• Customs declarations may be required
• Delivery rates could change, and additional surcharges apply as a result of customs handling
• Delivery times to your customers may increase
• Inspections may take place on some goods imported or exported
• Increased information may be needed in your data to DPD relating to the goods you are sending

DPD Brexit update on No Deal

DPD said that in the worst case scenario, on 29th of March 2019, the UK will leave the EU with no deal. This may leave the country trading with the EU under World Trade Organisation (WTO) rules, in the same way, that we currently trade with the USA and other countries with which we have no formal trade deal or arrangement. Here is what DPD say on the impact of a no deal for businesses:

• The goods you send with DPD to Europe will be because of duties and VAT
• Customs declarations will be required for each consignment
• DPD rates will change as a result of customs handling
• Transit times will increase because of customs checks
• Inspections will take place on some goods imported or exported
• Detailed data will be required to export goods into Europe or import them into the UK

Whilst there’s still much uncertainty around the future after the UK officially exits the EU, the guide gives a perspective of what post-Brexit environment may look like. What strategies are you adapting to get ready for the uncertain future? Are you hoping that the Brexit will get delayed to give you more time to prepare, or do you wish that Brexit was simply reversed? Alternatively are you satisfied that, despite Brexit challenges, your trading will remain unshaken and you just want Brexit over regardless of whether there’s a deal or not