2021 saw an "exponential growth" in the number of customs declarations, according to headline results published by Revenue. New EU VAT rules, which came into effect in July, and an increase in e-commerce which began during the pandemic saw a fourteen-fold increase in declarations. Revenue reported that 25.4 million customs declarations were processed in 2021 compared to 1.8 million in 2020. The headline results publication also contains information on trade with Great Britain. It notes that 86% of freight vehicles arriving from Great Britain were "green route"' which means they travelled freely from port. 11% were subject to documentary checks and 3% were inspected or underwent a physical examination. Revenue's Director General of Customs, Gerry Harrahill said: "It is simply a reality of trading with Great Britain that certain types of goods now require a mandatory check."
Today's report also notes that the UK temporarily suspended the introduction of new import requirements for exports to Great Britain which were due to take effect from January 1. It recommended that businesses make themselves familiar with and ready for changes "when the temporary suspension is lifted". The report also reveals that €4.6 billion was paid out under the Employment Wage Subsidy Scheme to more than 47,600 employers in respect of 628,000 employees. REVENUE HEADLINE RESULTS 2021 REVENUE HEADLINE RESULTS 2021 - INFOGRAPHIC REVENUE HEADLINE RESULTS 2021 - FEATURES Comments are closed.
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