Over half of UK companies currently face difficulties in adapting to the new rules for trading goods with the EU, according to a British Chambers of Commerce (BCC) survey. The survey also found that 77% of respondents who exported were unable to identify any growth as a result of the rule changes. The post-Brexit trade deal, the trade and co-operation agreement (TCA), sees Br ...
Find out all the latest information on Brexit and how it could affect you.
£20 million SME Brexit Support Fund opens for applications
The UK government has unveiled a £20 million Brexit support package to help small and medium-sized enterprises (SMEs) with changes to customs and tax rules when trading with the EU. The SME Brexit Support Fund aims to help businesses prepare for the implementation of further import controls which come into force later this year. Businesses who trade only with the EU and are t ...
New rules for trading with Europe
New customs and tax rules for trading with the EU started on 1 January 2021. To continue trading with countries in the EU, there are actions you must take, to make sure that you are compliant and so that you can minimise costs and delays. Before you move your goods, you will need to: Get ready to make customs declarations, these are now needed for all exports from the UK an ...
Is your business prepared for Brexit on 1st Jan 2021
You will be aware that we are now approaching the end of the transition period on days away before we fully leave the EU. The main areas affected by this are imports and exports of goods within the EU. The link below is a step by step guide, asking you a few questions so that it will provide you with the relevant information to your business from the 1st of January. Other ...
Actions to consider now in preparation for new border controls
Businesses are able to get a personalised summary of the actions they need to take in preparation for new border controls in 2021 at gov.uk/transition. This will assist in : Being ready for new customs procedures for imports and exports Checking if you need a visa or work permit for travel to the EU Preparation for the new immigration system Ensuring you can continue to ...
UK transition from the EU - VAT changes
As the UK prepares to fully leave the EU at the end of the year there are likely to be a number of VAT changes that may effect your business. Be prepared to leave Import goods from the EU to GB from 1-Jan-21 Export goods from GB to EU from 1-Jan-21 If you have concerns or questions, please contact Andy Webb on 01932 830664 or through your usual client partner conta ...
Brexit - transition period
The leaders of the UK and European Union signed the Withdrawal Agreement, and the UK left the EU on 31 January 2020. However the UK is now in the transition or implementation period during which time it is 'business as usual' as the UK is covered by EU rules until the end of the year. By 2021 the UK aims to have agreed a deal on future arrangements with the EU and the rest of t ...
Budget will not now take place on 6 November
On 25 October 2019 the Chancellor of the Exchequer Sajid Javid wrote to the Treasury Select Committee to confirm that the Budget will not now take place on 6 November 2019 as originally planned. You can read that letter here. We will keep you informed of developments. Internet link: GOV.UK Budget ...
Brexit-readiness events for business
The Department for Business has launched a nationwide programme of events to help businesses prepare for Brexit. The free events are designed to provide free advice on a range of Brexit-related topics, including exporting, importing and employing EU citizens. Attendees will also have the opportunity to hear from senior government officials and access support tailored to their ...
HMRC issues Customs EORI numbers
In order to try and ensure that businesses are ready to trade post-Brexit, HMRC is automatically enrolling them in the customs system. HMRC has confirmed that more than 88,000 VAT-registered businesses across the UK will be allocated an Economic Operator Registration and Identification (EORI) number in order to enable them to keep trading with customers and suppliers in the EU ...