Are you ready for Brexit? How to start preparing
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It is now time to start preparing for our new relationship with the EU and the new rules which commence on 1 January 2021.
In less than 50 days’ time there will be guaranteed changes to doing business and there are many actions you can take now to prepare. You can find out what you need to do by visiting www.gov.uk/transition and using the checker tool.
Regardless of whether a trade agreement is reached with the EU, from 1 January there will be changes to:
- the way businesses import and export goods
- the process for hiring people from the EU
- the way businesses provide services in EU markets
Support for you and your business is available, including sector-specific webinars which outline the changes. You can watch a sector-specific webinar on demand by simply clicking the relevant sector from the following: Services and Investment, Retail, Automotive, Materials and Metals, Electronics Machinery and Consumer Goods.
How to start your Brexit preparations
- Check what actions you need to take by visiting www.gov.uk/transition
- Sign up for updates
- Attend/watch government webinars for additional support, sign up here
Acting now minimises the risk of your business operations being interrupted. It is vital that your business prepares for our new relationship with the EU, outside of the single market and customs union. The transition period ends on 1 January and there will be no extension.
Trade Support Service (TSS)
The free Trader Support Service (TSS) is now live and ready to support businesses with the changes to Northern Ireland trade, which take effect on 1 January 2021. The Trader Support Service is open to traders, intermediaries and carriers moving goods into and out of Northern Ireland and action should be taken now to get your business ready.
One change that you may need to prepare for is the requirement to submit declarations.
Digital import declarations as well as safety and security declarations will be required for goods moving from Great Britain to Northern Ireland to ensure that:
- tariffs are not paid on trade within the UK
- Northern Ireland can benefit from UK Free Trade Agreements
- goods destined for Ireland (i.e. the EU) pay tariffs when they should
The Trader Support Service (TSS) can be used to make these declarations.
From 1 January 2021, to be able to move goods to or from Northern Ireland, you’ll need an EORI number that begins with ‘XI’. To be able to get an EORI number that starts with XI, you must already have an EORI number that starts with GB. If you do not have one, apply for an EORI number that starts with ‘GB’ as soon as possible.
If you sign up to the TSS before 23 November 2020, you’ll automatically be allocated an XI EORI. If you do not sign up before 23 November, you may have to make a separate application for an ‘XI’ EORI.
We will continue to support our clients throughout these uncertain times. Additionally, if you have any queries that we can assist with, or if you require any further support please get in touch via 0113 257 4506.
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