Friday 6th November
A message from the Business Secretary:
I know just how difficult the national restrictions announced over the weekend will be for many businesses. As a Government, we are determined to help you get through this challenging time.
At the same time, I urge you to prepare for the future trading relationship in two months' time. The transition period is ending on 31 December and there will be no extension. If you trade goods with the EU, the rules will change and there are actions to take now. Time is running out and getting ready can take longer than you think.
Regardless of whether we reach a trade agreement with the EU, from 1 January new rules will apply for any trade with Europe. You will need to:
- make customs declarations for any goods moved between Great Britain and Europe;
- pay the relevant tariffs on any goods moved between Great Britain and Europe; and,
- follow new processes for moving any goods into Northern Ireland from Great Britain.
If you’re a VAT registered trader, you will also receive a letter in the next few days from HMRC explaining what you need to do to prepare. You can find all recent HMRC letters to VAT registered traders on GOV.UK.
Help is available, and as Business Secretary, I urge you to:
You can find out what other actions you may need to take by visiting gov.uk/transition and using the checker tool.
The Government will continue to provide the sector-specific information and general support to walk you through the changes. All previously recorded webinars are available on demand now.
If you do not take action, there is a risk your business operations will be interrupted.
As I said at the CBI Annual Conference earlier this week, this has not just been a tough year, but the toughest of years. I want to take the opportunity to thank you for everything you are doing to ensure a smooth end to the transition period. As a Government, we are determined to help you get through this challenging time and take advantage of the new opportunities that being an independent trading nation will bring.
Rt Hon Alok Sharma MP, Secretary of State for Business, Energy & Industrial Strategy
We urge you to contact us for support with your UK Transition preparations. We have a team of skilled advisers who are on top of all the changes and can help you get your business ready, as well as help you look for new opportunities. Contact us or request a callback today.