What does Brexit mean for your business?

The UK is leaving the EU. Leaving the EU means your business or organisation may need to prepare for change. Delivering a deal negotiated with the EU remains the government’s top priority. With an implementation period until December 2020, this would give businesses and organisations stability, certainty and time to prepare for our new relationship after EU Exit. However, the government must plan for every possible outcome including no deal. Without a deal, businesses and organisations may need to take action before 31 October 2019.

At the Cheshire and Warrington Growth Hub, we have the latest news, to help you to continue to grow as the UK exits the European Union.

Support for business

The Government has published  support for businesses and individuals in preparing for EU Exit. The “Preparing for EU Exit” website is the central site for guidance aimed at businesses and individuals,  bookmark this site to ensure you get the most up to date information.

Government has produced a guide to help small businesses prepare for the UK leaving the EU.

A tool has been developed to help your business prepare for the UK leaving the EU,by answering 7 simple questions you will get guidance most relevant to your business.
This tool  can help you to find out:

  • what your business will need to do to prepare for the UK leaving the EU
  • what’s changing in your industry
  • information on specific rules and regulations

HMRC

HMRC is helping businesses get ready for Brexit by automatically issuing them with a UK EORI (Economic Operator Registration and Identification) number. They have written to more than 88,000 VAT registered companies to let them know the UK EORI number they’ve been assigned. Businesses will not be able to move goods in and out of the UK without one.

If the business is not VAT-registered, you will still need to apply now for a UK EORI. HMRC cannot give a business one automatically.

You can check the next steps you need to take to ensure that your business is ready for Brexit using our trader checklist .

Changes in event of no deal

HMRC have created a set of video guides to help UK businesses prepare for a no deal EU Exit with  5 key areas businesses must be aware of.

View UK trade agreements with non-EU countries in a no-deal Brexit

View Trading under WTO rules in the event of no-deal.

Bidding for overseas contracts: what to expect if there’s a no-deal Brexit

The Department for International Trade has provided guidance for UK businesses if the UK leaves the EU with no deal.

Sector specific guidance

The Department for Business, Energy and Industrial Strategy (BEIS) has published sector specific guidance for businesses setting out how to prepare for EU Exit. Please follow the links for:

Government departments guidance

The government portal also has a range of specific guidance and publications around Brexit, for specific topics (e.g. manufactured goods,intellectual property)  can be found here

The main site for guidance on exiting the EU is here

Other government departments and offices that publish guidance and updated advice include:

Department for Business,Energy and Industrial Strategy

HM Revenue and Customs

Department for Work and Pensions

Department for Environment,Food and Rural Affairs

Department for Health and Social Care

Department for International Trade

Intellectual Property Office

Foreign and Commonwealth Office

Food Standards Agency

Information Commissioners Office