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Brexit What Next?

Brexit chess pieces

The UK has now left the EU: what does this mean for you?

The UK is no longer a member of the EU. As from 1 February we entered a transition period, during which the UK government will attempt to reach a trade deal with the EU. During this time there will be no change to the terms for trading with the EU or rest of the world, unless the rules change for the whole of the EU. This means EU rules for customs, VAT and excise will continue to apply to the movement of goods and trade for this limited time. There will be no new customs procedures at present.

From 1 January 2021, the way you trade with the EU will change. It is therefore important that businesses involved in international trade use this time to prepare their teams for life outside the EU, including new customs arrangements.

For example, for trade between Great Britain and the EU , you will need to make customs declarations to import and export goods once the UK is outside of the EU’s customs territory.

The Institute of Export & International Trade can help companies prepare for the months ahead,. We offer one day training courses covering Customs Procedures and Documentation, and Step by Step guidance on completing Customs Declarations, as well as international trade qualifications.

We launched the UK Customs Academy last year, with investment from HMRC, to help businesses prepare for Brexit.

We are here to help. Get in touch with us and we can help make sure you and your team are fully prepared.

 

The deadline for customs training grants has been extended so that businesses can claim the remaining funding. However, the money will not last indefinitely.  In order to avoid disappointment make sure you apply today. Find out more.