What changes does the Union Customs Code bring?

The Union Customs Code (UCC) will apply from 1 May 2016, with transitional arrangements up to 2020. The code will bring many changes to the current customs legislation and could potentially have a substantial impact on businesses and their supply chains. The UCC changes will impact the way in which businesses currently operate, and will vary between EU member states, depending on how the legislation is implemented and enforced. Although the implementation of the UCC is imminent, there are a number of areas still being debated in member states and in the Commission. Given the uncertainty, businesses and their advisers are continuing to review how the UCC will be implemented, applied and monitored in the UK and beyond.