Traders can now reclaim duty on “at risk” goods moving into Northern Ireland which do not subsequently move into the EU after HMRC launched the Duty Reimbursement Scheme today (June 30th).
The scheme allows traders moving goods into Northern Ireland to reclaim EU duty where they can demonstrate that the goods were sold or used in Northern Ireland or somewhere else outside the EU.
This delivers an element of the Windsor Framework, ensuring duty can be reclaimed on goods moving and staying within the UK, or going somewhere other than the EU.
It is thought that the scheme may be of particular benefit to businesses in the manufacturing and wholesale sectors, where they have evidence that goods moved into NI were not ultimately sold into or used in the EU. Traders can find out how to claim by visiting the guidance on GOV.UK.