Share with your friends

Tariff and Customs Modelling

Tariff and Customs Modelling

Understand where your goods are sourced from and what alternatives are on offer ahead of Brexit.

Tim Sarson

Partner and Brexit Tax & Location Lead

KPMG in the UK


Also on

traffic-cones-lying-on the road

Tariff and Customs Modelling

Leaving the EU means that the UK will become a ‘Third country’ and the free circulation of goods between the UK and EU will end. For businesses with complex supply chains, understanding where different components of their goods are sourced from and what alternatives are on offer is key. Plus, understanding how import and export tariffs will impact your final cost of sales is something many businesses will need to grapple with

What do you need to do?

1. Ensure you’ve got an EORI number in either the exporting country or both exporting and receiving country and consider whether VAT registration is needed (based on your current contract obligations)

2. Get ready for import and export documentation – appoint an Agent if necessary to complete these but familiarise yourself with customs legislation as you will be responsible of the accuracy of information lodged on the documents

3. Engage with logistics providers to ensure continuity of service in event of physical disruptions: discuss re-routing and commercial impacts

4. Check whether you can benefit from any simplified procedures at import and/or export side

5. Assess tariff impacts, and where relevant the commercial consequences of them

6. Finally if you use the UK as a ‘land-bridge’ to the ROI, (i.e. check whether your route will be impacted by ROI/NI border changes): if so, keep tracking KPMG for more updates

How can KPMG help?

KPMG can model different Brexit scenarios to show how tariffs and customs options might affect your business, helping them to re-evaluate their existing end-to-end supply chain. 

For more guidance, download our two page guide to on how to make sure your customs and supply chains resilient to Brexit

Contact Tax and Location Strategy Partner, Tim Sarson or Indirect Tax Director Rebecca Okuda for UK queries. Contact Director of Customs Duty and Value Chain, Olivier Sorginard for France related queries. 

Connect with us


Want to do business with KPMG?


loading image Request for proposal