Webinar: Importing & Exporting in a potential no-deal EU Exit
DATE and TIME: 11/04/2019 11-12pm
With the prospect of a no-deal EU Exit still a possibility the Department for Business, Energy & Industrial Strategy (BEIS) have joined up with HMRC to offer a free webinar to help SME’s be better prepared in the event of the UK leaving the European Union without a deal.
Officials from HMRC & the BEIS goods team will cover the planned changes for both customs and broader border issues. By attending this webinar you will learn about:
- Import & Export Processes, including transit & easements such as Transitional Simplified Procedures (TSP allows companies to transport goods into the UK without making a full customs declaration)
- VAT policy
- ‘New Approach’ Goods Regulations, including obligations on importers and distributors, and the use of the CE and UK Conformity Assessment marking in a ‘no deal’ scenario
- Crucial steps businesses can take to prepare for a potential no deal Brexit and where to find the additional sources of information you may need
This webinar will include an opportunity for you to ask the questions you have directly to UK Government officials.
To sign up to the Webinar please register here:
Your Local Growth Hub is committed to helping businesses plan for the various Brexit scenarios they may face.
Preparing for EU Exit
The Government has developed a “Preparing for the EU” website which is a central site for guidance aimed at businesses. You can also download a leaflet here which provides signposting advice and key considerations that SMEs may need to undertake for EU Exit.
The website is divided into sections:
Click here to read the full up to date information:- https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/785001/Letter_on_no_deal_advice_for_traders_with_EU_and_rest_of_the_world.pdf
It explains actions to take to prepare for changes to customs and VAT procedures if there is no deal:
- getting a UK Economic Operator Registration and Identification (EORI) number
- Transitional Simplified Procedures for customs
- customs facilitations
- moving goods within the EU using the Common Transit Convention
- further controls for exports
- changes to accounting for VAT
- VAT registration checks
- EU VAT refunds
While some companies are already planning for the challenges and opportunities ahead, Chambers of Commerce believe that all firms – not just those directly and immediately affected – should be undertaking a Brexit ‘health check’, and a broader test of existing business plans.
Time spent thinking through the changes that Brexit may bring to your firm could yield real dividends in future. While the final settlement between the UK and the European Union is still to be negotiated, there are steps that businesses of all sizes can take now to start planning ahead.
The checklist below has been prepared in response BCC survey findings, which suggest that a significant number of firms are either watching and waiting – or taking no action at all. We hope you find it useful as a basis for business planning at both operational and Board level. Below are the key areas in which you should consider possible changes, and resources which can help you plan.
Business is done better together and you don’t have to navigate Brexit alone. Contact your local accredited Chamber of Commerce to find out how your Chamber can support you.
Changes to areas include movement of people, settled status and qualifications.
Changes to areas include importing or exporting goods, moving goods across borders, haulage permits, customs and tax.
Changes to areas if your business operates in the European Union.
Changes to areas if you sell physical products or goods in the UK.
Businesses can access a tariff calculator which provides information on tariffs and other import measures applied to a given product imported into the EU.
GOV.UK – The best place for businesses to find information about the UK leaving the EU
HMRC has produced a range of communications resources to help businesses prepare for the possibility of leaving the EU without a deal. This includes:
- Step-by-step guides to importing and exporting
- Guidance for businesses that trade with the EU
- Letters to support EU-only traders
- Key messages on the UK border.
We would like to remind you that all these documents are available on our dedicated GOV.UK communications resources page and are designed to support businesses through this period of change.
We have also issued a Partnership Pack for stakeholders, which contains information for stakeholder groups to share with clients and members.