Brexit

29
Dec

The Brexit Transition

The UK has left the EU and with the transition period coming to an end on 1st January 2021, it’s more important than ever, that businesses are ready for the impact that Brexit will have on their future. With guidance directly from HMRC, we have highlighted a key checklist for your business.* *The following is based on Government guidance as at

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8
Oct

Brexit-readiness events for business

  Brexit-readiness events for business The Department for Business has launched a nationwide programme of events to help businesses prepare for Brexit-readiness. 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

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8
Oct

No-deal Brexit: ‘Major gaps’ in guidance

  No-deal Brexit: ‘Major gaps’ in guidance According to the British Chambers of Commerce (BCC) there are ‘major gaps’ in the government’s no-deal Brexit guidance for UK businesses. The BCC carried out a review of official government no-deal Brexit guidance for businesses, and found that 31 of 36 critical areas are still marked amber or red, suggesting that businesses have ‘incomplete

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9
Sep

EORI numbers issued by HMRC for Customs

  EORI numbers issued for Customs by HMRC In order to try and ensure that businesses are ready to trade post-Brexit, HMRC is issuing Customs EORI numbers to businesses and 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

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12
Jul

BREXIT workforce preparations

  BREXIT workforce preparations: Preparing the workforce for EU Exit Over two thirds of EU citizens that are currently in the UK are here for work. The government is advising that if these individuals plan to remain living and working in the UK, after it leaves the EU, they can now apply to the EU Settlement Scheme (EUSS). EU, EEA,

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10
May

‘Flexible extension’ to Article 50

  ‘Flexible extension’ to Article 50 Business groups, including the British Chambers of Commerce (BCC) and the Confederation of British Industry (CBI), have commented on the six-month ‘flexible’ extension of Article 50, granted to the UK by EU leaders. The extension potentially pushes ‘Brexit Day’, the day when the UK officially leaves the EU, to 31 October 2019. Reacting to

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7
Apr

Additional Brexit advice for small businesses

  Additional Brexit advice for small businesses The government has published additional documents containing advice on Brexit for UK small businesses. According to the government, the information will help business owners to ‘understand how leaving the EU may affect their business’. The advisory documents cover a range of issues, from changes to UK-EU trade following Brexit, to alterations to how

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8
Mar

Brexit business advice – prepare for no deal

  Brexit business advice – prepare for no deal HMRC is urging business owners to make sure they are ready for a potential no deal Brexit. Business owners are being urged to prepare now and take steps to ensure their businesses can continue to trade with the EU if the UK leaves the EU without a deal. HMRC’s Brexit business

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6
Feb

Businesses urged to prepare for post-Brexit Customs Declarations

  Businesses urged to prepare for post-Brexit Customs Declarations HMRC is urging VAT-registered UK businesses which trade exclusively with the EU to be prepared for a no deal Brexit. In a letter sent to 145,000 affected businesses, HMRC explains post-Brexit Customs, Excise and VAT procedure changes in the ‘unlikely event’ that the UK leaves the EU without a Brexit deal. HMRC’s

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13
Dec

BREXIT guidance: Leaving the EU with no deal

  Brexit guidance: Leaving the EU with no deal The government has published a collection of Brexit guidance documents in preparation for the scenario of the UK leaving the EU without a Withdrawal Agreement a so called ‘no deal’ Brexit. The Brexit guidance states: ‘The government does not want or expect a no deal scenario. However, it is the duty

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