Brexit Business Advice Hub
#BrexitBeReady
The UK left the EU on 31 January 2020, and we are currently in the transition period where we are trying to agree with the EU how our future relationship will work.
Brexit generates significant political, economic, legislative and market uncertainty, so with this in mind we will continue to update this hub with information which is beneficial to your business in the weeks and months ahead.
Unless a new trade deal can be struck with the EU by the end of 2020, then future trade between the UK and the EU will be done on world trade terms which means an end to free circulation and an increase in red tape.
We have an experienced team of advisors who can help you navigate the uncertainty of Brexit and prepare your business for change. Its important to be prepared and take action now.
Key business areas impacted by Brexit:
One of the key areas that Brexit will impact your business is via Imports and Exports.
If the UK leaves the EU with no deal, our customs team can help you. We offer a free 30 minute consultation to discuss your current VAT and Customs concerns.
- Customs/Cross Border Trade
- Importing and Exporting
- Northern Ireland
- Classification & Customs Procedures
- Binding Tariff Information (BTI)
- Inward Processing Relief (IPR)
- Outward Processing Relief (OPR)
- Customs Warehousing
- Temporary Imports
- Transit
- Dispute Resolution
- AEO Status
Other areas of your business that could be affected by Brexit:
- Tax and Insurance
- Workforce & Skills Needed
- Compliance & Data Protection
- Funding & Cashflow
- Contracts
Take Action Now
Please contact us to discuss the challenges you are facing and the solutions available to you by calling 0845 555 8844 or simply complete our enquiry form. Don’t wait, take advice now, we are here to help you.
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Sign up for updates:
If you would like to sign up for Brexit related updates please email your details to: Marketing Department
- Do you hold stocks of imported goods in the UK? - 9 Dec 2020
- How are Transit Procedures Impacted by Brexit? - 3 Dec 2020
- Turning goods into a different product could help to reduce your duty payable - 25 Nov 2020
- Avoiding penalities by knowing the correct Classification Codes - 25 Nov 2020
- Brexit is just over the Horizon - Are you ready?
- Businesses asked to complete questionnaire before Northern Ireland Protocol - 7 July 2020
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Brexit: VAT & Customs
The transition period for Brexit ended on 31 December 2020 with a trade deal (UK-EU Trade and Co-operation Agreement (TCA)) being struck on 24th December 2020.
Brexit: Compliance & Data Protection
Its easy to forget about data protection and the impact Brexit will have on the transferring of EU data and your intellectual property, but its something that all businesses need to consider.
Brexit: Contracts
If you haven't already looked at your commercial contracts in relation to Brexit implications you should do this now. Set out below are just some of the things to consider.
Brexit: Funding/Cashflow
As we all know, cash is king and without it your business can face very difficult times. It is vital to know your current cash flow situation and to be prepared for how that could be affected by Brexit.
Brexit: Tax
We all know that Brexit will bring changes to tax and especially VAT. Whilst this landscape is going to be ever changing we have set out below some of the things to consider at present.
Brexit: Workforce & Skills Needed
Whilst businesses will be looking at how their UK workers travel and work in the EU they will also need to consider if the skills provision is right across the business.
