This article is for businesses looking for useful tips on how to get Brexit-ready and is supported by our risk management partners, Health & Safety Click. For more information on how Brexit may impact businesses, please visit www.archriskmanagement.co.uk. This is available to most Arch Online Policyholders, to see if your client has membership or to sign up to the website, contact your local Arch branch manager. This article is intended for use by licensed insurance brokers and should be considered for general information purposes only.
To support business preparations for the end of the transition period a government website, including videos and step by step guides, has been developed so businesses can identify what they need to do to get ready for Brexit quickly and take whatever action is needed.
Through the use of the website, you’ll be able to find out:
- what your business may need to do to prepare for the UK leaving the EU.
- what’s changing in your industry.
- information on specific rules and regulations.
Actions need to be taken if you:
- export goods to the EU.
- import goods from the EU.
- transport goods by road.
- export animals or animal products.
To support business preparations for the end of the transition period the Department for Business, Energy and Industrial Strategy is hosting free webinars to help you check the new rules and understand the actions to take.
How Specific Sectors Can Be Affected
In broad terms, and outside of niche industries such as farming or medical research, the following areas of business will likely have to be examined and potentially revised with regard to either the new regulations that the UK and EU will agree, or a no-deal scenario should agreements not be reached.
This is largely because the UK will no longer recognise institutions that oversee these areas, or will no longer be a part of the EU free trade area:
- Import and export of goods to and from EU countries, including associated VAT payments, VAT refund claims and (potentially) custom and excise duties.
- State aid, including grants and block exemptions.
- Transport and logistics, including fulfilment.
- Product safety or eco-compliance, including packaging and labelling that references EU licensing.
- Copyright, trademarks and patents.
- Environmental industrial standards, including emissions.
- Transfer of personal data between the EU and UK.
- Mutual recognition of qualifications and relevant licences (including audit, banking and insurance licences).
Transport Goods Out of the UK by Road: Step By Step
Click here to access details on how to transport goods commercially if you’re driving from the UK to any international destination.
You’ll need to complete extra tasks if you’re exporting your own goods.
Export or Move Live Animals and Animal Products to the EU from 1 January 2021.
Click here to access details on what you need to do to export or move live animals, products of animal origin and animal by-products from 1 January 2021.