30 September 2020: As the Brexit transition period nears its end, businesses in the UK and EU face a number of VAT issues that need to be addressed, says indirect tax expert Stephen Dale, FCA.
Latest news and insights
30 September 2020: As the Brexit transition period nears its end, manufacturers are working to get measures in place in preparation. Rittal UK’s finance and HR director explains some of the complications involved.
25 September 2020: Stavros Pantzaris, Partner and Chairman of the Board at EY Cyprus, says that Cyprus’s economy is battling through the impacts of pandemic and is squaring up to Brexit.
22 September 2020: It was no good making assumptions. The Port of Rotterdam had to prepare for no UK/EU trade agreement early and now, with just a few weeks to go, it has already built a community of consensus, through stakeholder buy-in, to its new procedures.
Guidance from individual jurisdictions
Cyprus Government portal providing news and announcements about Brexit. The section for businesses covers information relevant to trading goods and services. Information on residence rights and residence documents in Cyprus is also available.
Brexit information from the Danish Customs Agency (Toldstyrelsen), with Brexit for business pages covering customs, tax and duty from 1 January 2021. A Brexit hotline is available for companies with questions about trading with the UK after Brexit.
Brexit information from the Belgian Federal Government, to help Belgian citizens and businesses prepare for Brexit. Links are provided to relevant government resources, including a Brexit checklist provided by Belgian Customs and a Brexit Impact Scan to help Belgian companies assess the possible impact of Brexit on their business.
Experts from the German-British Chamber of Industry & Commerce answer frequently asked Brexit questions from companies based in the UK. Topics covered are: Marketing; Legal; Thoughts on Contractual Drafting for Brexit; Tax.
Practical guidance from the Government of Ireland to help businesses and citizens prepare for Brexit. Includes the Government's detailed Brexit Readiness Action Plan to prepare for the end of the Brexit transition period on 31 December 2020.
French government portal providing French citizens and businesses with practical information related to Brexit, including importing and exporting advice.
Brexit information from the Government of the Netherlands, to help Dutch businesses prepare for Brexit. Topics covered include long-term contracts and customs after Brexit.
UK government guidance
UK government advice to help prepare your business for January 2021 if you are based in the EU. Covers buying or selling goods, paying VAT or claiming VAT refunds, transferring personal data to the UK, providing services in the UK.
Handy decision trees from HM Government on the importing and exporting processes from January 2021.
Information on trading with the EU from 1 January 2020 including webinars from BEIS for businesses by sector and videos from HMRC on the changes to importing and exporting goods.
Overview of the position for UK nationals living in the EU and the European Economic Area European Free Trade Area, covering residency, healthcare and pensions. More detailed guidance on the requirements for each country can be found in a series of Living-in guides.
Checklist from the UK Government to help you prepare to import goods from the EU to Great Britain from 1 January 2021.
The transition period after Brexit ends in December and new rules apply from January 2021. Use this tool to get a personalised list of actions for you and your business. You can also sign up for emails to get updates for what you need to do.
EU portal for exports outside the EU or import into the EU which covers duties, taxes, product rules and requirements for all EU countries and over 120 other markets around the world. Includes an A-Z of EU trade agreements with non-EU markets and a Rules of Origin self-assessment tool (ROSA).
Over 100 sector-specific readiness notices produced by the European Commission to help businesses prepare for the end of the Brexit transition period. The notices explain the legal situation and provide advice to stakeholders in each sector.
Guidance from the European Commission to help businesses prepare for the end of the transition period. Includes a Brexit readiness checklist for companies doing business with the UK (PDF, 6 pages) and sector-specific advice.
Guidance from the European Commission to help businesses prepare for changes to customs and tax from 1 January 2021, when the Brexit transition period will have ended. Includes relevant 'notices for readiness' and a Brexit checklist for traders (PDF, 1 page).