Pooleys Brexit Statement

Pooleys Brexit Statement
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Wednesday 6th January 2021
Happy New Year to you all. I hope you, your families and colleagues are all keeping well.
On 24th December 2020, the new EU-UK Trade and Cooperation Agreement was agreed in principle and came into force on 1st January 2021.
The agreement means that we can ship goods to all EU countries without them being subject to tariffs or quotas as long as these goods originated in the UK, EU or from one of the many countries with which the EU has trade agreements. This is known as preferential (zero tariff) treatment.
There are also new UK trade agreements in place with Iceland, Liechtenstein, Norway, Switzerland, Turkey and Ukraine (either provisional or fully ratified) which will ensure continuity of trade.
Our systems have been updated and adapted to deal with the new paperwork requirements and I am pleased to report that all orders sent to the EU since 1st January have successfully shipped and cleared all customs arrangements.
The main paperwork change is the need for commercial invoices and these are automatically generated by the updated IT systems we have in place. If you are a business and have a trade account with us, you will also receive a copy of the commercial invoice with your tracking details.
All couriers have added additional charges to the basic costs for shipping your orders but we will absorb these fees as much as possible. We are not increasing our 2020 shipping rates at this time.
As the UK is no longer a part of the Customs Union and Single Market, all imports into the EU will be subject to VAT. The way in which import VAT is dealt with varies by EU state. In some countries, you must pay for the import VAT in advance and then claim it back on your next VAT return. In other countries, you simply account for the VAT (input and output) on your VAT return without having to pay in advance. For those businesses that regularly import from outside of the EU, the process will be similar.
We therefore expect to be able to continue to provide you with the competitive pricing and the highest levels of service that you have come to expect from us over the last seven decades.
Please also note that for many years we have been able to offer trade customers the option of purchasing in euro or dollars. If this is of interest, please mention this to our team when you place your next order.
Finally, we will continue to monitor the guidelines and update our systems as necessary. We will of course keep this this page updated with any new information.
May I take this opportunity to wish you all well in this challenging COVID environment and to thank you for your loyalty and support, it means a great deal to my team and me.
With very best wishes to you all,
Sebastian Pooley
Managing Director
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Friday 8th January
We have been advised by DPD that they are pausing their European Road Service. Please note that all parcels that have already been shipped to European customers on DPD will not be affected.
All new shipments will be placed with DHL whose services are operating normally.
Monday 11th January
If you need any further information on EORI numbers for your business, please visit the EC Europa website.