24 January 2019

BREXIT | CelticGold Shipping Timeline

As it stands now, the UK may leave the EU on March 29th. According to polls, 80% assume a Brexit with a deal. There might be a new prolonged deadline of up to 3 months until the end of June 2019. 

Please see below our timelines and explanation in regards of the shipping of gold and silver.

 

 

Shipping of stored or ordered Goods with Brexit Deal

If Britain leaves with a deal then the free movement of goods within the EU will stay in force until the end of 2020.

There won't be any change in the ways you send products to us or we ship products to you. Business as usual so to speak.

Shipping of ordered Goods with a Hard Brexit

If there is a hard Brexit, the "international" rulings in regards of the movement of goods will come into force.

This means a customs declaration (added costs of 40 Euro) and a possible delivery delay due to customs inspection at the UK border.

Shipping of stored Goods with a Hard Brexit

All shipments will need a customs declaration and there won't be any taxes on Gold shipments. All of the celticgold.eu offered gold products are "investment gold" which is VAT exempt in the UK.

What we do not know as of now is, whether the silver that you have stored will be taxed or not.

We recommend to move all silver into the UK before the deadline passes, so the movement of goods falls under the EU's free movement of goods rulings.

Our Rule: Last Shipments to UK 10 Days before Deadline

We assume there will be a high shipping volume with the carriers, as everyone might want to take advantage of tax savings, special offers etc.

As a rule of thumb, our logistics will ship out the last shipments 10 days prior to the deadline of the Brexit date.

If the Brexit date remains March 29th, then our logistics will ship out the last orders March 19th.

If the Brexit happens at the end of June, then our logistics will ship out the last order June 20th.

We hope the above clarified the shipping options. If you have any questions, please contact us on info@celticgold.eu. We're always glad to help.

Author: celticgold.eu

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