HMRC Agent Update: January 2021 Brexit edition contains information about cash declarations when taking cash into or out of the UK. New requirements have applied since 1 January, including having to declare cash taken to or brought from an EU State.
- You need to make a declaration if you are carrying €10,000 or the equivalent in any other currency of cash and travelling to or from a non-EU country;
- You also need to make a declaration if you are carrying €10,000 or more of cash and travelling from Great Britain to Northern Ireland;
- You need to make a declaration if they’re carrying £10,000 or more into or out of Great Britain from any country, including an EU State;
- BUT you do not need to make a declaration when you are taking cash from Northern Ireland into Great Britain.
Note: cash declarations are also required when taking cash into or from the Isle of Man and the Channel Islands, including from and to the UK.
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