On 26th November, HM Treasury announced that the UK Government has signed new arrangements with each of the Crown Dependencies (the Bailiwick of Jersey, the Bailiwick of Guernsey and the Isle of Man).  This ensures that, when the UK leaves the EU, traders moving goods between the UK and Crown Dependencies (and vice versa) will continue to pay no customs duty and the UK and the Crown Dependencies will maintain a common external tariff.  The new arrangements will come into force when the UK, alongside the Crown Dependencies, leaves the EU Customs Union.  In the case of the Isle of Man — where there is an existing agreement covering customs, VAT and excise matters —modifications have been made to the customs aspects of the Customs & Excise Agreement 1979 (as amended) but existing arrangements for VAT and excise-related issues remain unchanged.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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