Brexit Hub
Brexit Hub
The UK voted to leave the EU on 23rd June 2016, after a long period of negotiations, the UK Government has finally agreed a Brexit deal which was put into place on the 1st January 2021. You may be wondering how this will affect you and your business, if you trade within the EU, there are a few things you need to consider ensuring you are well prepared. Understanding your supply chain will ensure that you are fully compliant and will avoid any delays to the goods or services you need in order to run your business.
Any sales made to the EU will now be referred to as imports and any sales made from UK businesses to the EU will now be known as exports. Both imports and exports will require a UK business to have an EORI number. You can find out how to obtain an EORI number from the Government’s website.
Exporting and importing goods
Exporting goods Custom declarations are now required when exporting goods to the EU, exactly the same as if you were...
Read MoreCustoms declarations
The customs declarations process has changed now the UK has left the EU. Customs procedures will apply to businesses in...
Read MoreVAT rules for trading in the EU
Now the UK has left the EU, how do VAT rules work? The VAT rules for trading in the EU...
Read MoreIf you have any questions, please contact the friendly team at Clear Vision Financial Management on 01794 330 025 or email info@cv-fm.com. Alternatively, book an appointment with either Sean Daniel or Jordan Moody via the link below.
