On Friday 8 June, the European Commission unveiled its two proposed regulations establishing action programmes on customs and taxation, to take over from the ‘Customs’ and ‘Fiscalis’ programmes, which are due to expire on 31 December 2020, over the period 2021-2027.
With budgets in current prices of €950 million for ‘Customs’ and €270 million for ‘Fiscalis’, or 0.07% and 0.02% respectively of the total envelope of the forthcoming EU budget, these programmes will add real...