Discussing the latest Cabinet sub-committee meeting, KPMG’s Customs Lead, Bob Jones said:
“Timing could be key to unlocking the Customs Uniondebate. Many of the clients we’re speaking to say they doubt whether the New Customs Partnership proposal or the Highly Streamlined Customs Arrangement proposal, often dubbed ‘max fac’, can be practically implemented within the existing transition period.
“Amongst customs professionals the consensus seems to be that 2022 or 2023 would be a more realistic target once you take into account the highly detailed and technical work that needs to be undertaken by business and government on both sides of the channel and the Irish Sea - even if such a proposal is adopted by all sides.”
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