On June 24, 2016 the UK HM Revenue & Customs published Customs Information Paper 42 (2016): EU Referendum. Since the Information Paper is very short below we will provide you with the full text of the Information Paper.

1.Background

The result of the EU Referendum has been confirmed as a vote to leave the European Union (EU).

2.Information for businesses

As the Prime Minister announced this morning, there will be no immediate change to the movement of goods and people in and out of the United Kingdom (UK) from the EU.

We are still a member of the EU. Until Article 50 is invoked, we will continue to engage with EU business as normal and be engaged in EU decision-making in the usual way. Once it is invoked, we will remain bound by EU law until the terms of our exit have been determined but we will not be involved in decision-making. The period between invocation of Article 50 and our eventual exit from the EU is expected to last at least two years.

3.Contacts

Further information can be found on the GOV.UK.

Issued on the 24 June 2016 by Customs Directorate, HMRC.

For general HMRC queries speak to the VAT, Excise and Customs Helpline on Telephone: 0300 200 3700.

Your Charter explains what you can expect from us and what we expect from you.

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