The UK’s impending departure from the European Union will bring change for businesses of every size and sector.
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 British Chambers of Commerce has developed a Brexit Hub which has plenty of useful information including;
Post-Transition Brexit Checklist – This checklist has been created to help businesses consider the changes that Brexit may bring to your firm, and to help business planning at both operational and Board levels.
Brexit Risk Register – the ultimate test of any Brexit deal is whether it delivers clear answers to the practical, real-world questions businesses face. Firms of every size and sector need clarity in order to take decisions, invest and prepare for the future. As HM Government negotiates a future partnership between the UK and the EU, the British Chambers of Commerce is assessing progress on 24 business-critical issues…
‘No deal’ Guidance Dashboard – Businesses do not want a messy and disorderly exit, but with a ‘no-deal’ scenario still possible, firms need clear and precise answers to the many questions this would pose for their business…
The Chamber of Commerce can also help with your Brexit planning. If you would like to arrange a ‘Brexit readiness’ audit of your business, please contact the International Trade team on 01772 706589.
The UK Government has launched a major new public information campaign called “The UK’s new start: let’s get going” to give everyone the facts that they will need to be ready for 1 January 2021. A straightforward checker tool at gov.uk/transition will quickly identify the specific steps any business or individual needs to take to be ready, and will allow companies to sign up for bespoke updates. Taking these steps will equip businesses for when we exit the transition period.
On 1 January 2021 the transition period with the European Union will end, and the United Kingdom will operate a full, external border as a sovereign nation. This means that controls will be placed on the movement of goods between Great Britain and the EU. To afford industry extra time to make necessary arrangements, the UK Government has taken the decision to introduce the new border controls in three stages up until 1 July 2021. Read more here.
See also – Import, export and customs for businesses
The UK Points-Based Immigration System
The UK Government is introducing a points-based immigration system from 2021. The new system will require those applying via the skilled worker route to accrue points by meeting a number of relevant criteria, such as having a job offer at the appropriate skill level, the ability to speak English and meeting the salary threshold. Find out what you need to know here.