HMRC Posts New Video to Aid Preparations for No-Deal Brexit

The United Kingdom’s HM Revenue & Customs posted a new video March 28 intended to explain requirements for trading with the European Union should the U.K. leave the EU with no deal in place. The video covers applying for an Economic Operator Registration and Identification (EORI) number, transitional simplified procedures (TSP), preparing to make customs declarations, entry summary declarations and paying the correct import and export duty and VAT, HMRC said.