Make sure your business is up to speed with the changes
With a Brexit deal in place, doing business with the EU has changed.
But as organisations continue to adapt to the new rules, there’s plenty of help available on everything from exports and imports to tariffs and travel to help keep your business moving.
Go to gov.uk/transition to use the Brexit Checker tool for personalised actions for your business, and to find support and advice from a range of online guides.
And as businesses continue to focus on getting back to work after the latest lockdown, the introduction of new checks on goods imported from the EU to GB has been delayed. These will now start in October and January – so there’s still time to get prepared.
Here’s where to look to make sure your business is up to speed with the changes.
The SME Brexit Support Fund
The fund will provide up to £2,000 in funding for practical support, including training and professional advice, to help small and medium-sized businesses adjust to new customs, rules of origin and VAT rules when trading with the EU.
Find out if your business is eligible and apply here.
The SME Brexit Support Fund can provide up to £2,000 for practical support
New rules mean making customs declarations on all goods your business brings into or sends out of the UK. You can make the declarations yourself, but most businesses use an intermediary like a courier, freight forwarder or customs agent.
For a helpful breakdown of what you need to do, check out:
- a step-by-step guide on importing goods
- a step-by-step guide on exporting goods
If you’re a GB business moving goods into Northern Ireland, there are five key actions you can take now.
And for the latest guidance on the Northern Ireland protocol, click here.
Don’t forget the free-to-use Trader Support Service for information and advice. The TSS can also complete declarations on your behalf, without the need for specialist advice or software.
Make sure your business is up to date with the latest VAT guidance. Traders must pay VAT on all goods:
- Imported to GB from overseas
- Imported to NI from outside the EU
- Sold between GB and NI, as well as movement of own goods from GB to NI
SMEs can benefit financially when they delay paying import VAT by using Postponed VAT Accounting (PVA). PVA is available permanently. Find out if this could be an option for your business.
See here for advice on exports and here for goods sold directly to customers in the UK.
SMEs can benefit financially when they delay paying import VAT by using Postponed VAT Accounting
Rules of Origin
UK businesses can continue to sell goods to the EU or buy goods from the EU free from customs duty charges if they meet the origin requirements in the agreement, which you can check here.
This means you don’t need to pay Customs Duty if you buy goods that originate in the EU and bring them to the UK or you sell or send goods that originate in the UK to the EU.
Originate means where the goods or materials, parts or ingredients used to make them have been produced or made – not where they have been shipped or bought from.
To claim zero tariffs when moving your goods:
- Classify your goods by finding the correct commodity code
- Check your goods meet the rules of origin
- Get proof they meet the rules of origin
Click here to find out more.
Get a personalised list of actions for your business with the Brexit Checker tool at gov.uk/transition