EU exports halt as UK firms encounter extra charges

Due to the new trade rules that came into effect on 1 January 2021, many UK businesses, who export to the EU, have been hit by extra charges, taxes and paperwork. Some have stopped exports to the EU as a result. Continue reading

UK businesses still have ‘unanswered questions’ on post-Brexit rules

UK businesses are still unclear on which rules and regulations will apply to them once the Brexit transition period ends, according to data from the British Chambers of Commerce (BCC).Continue reading

HMRC urges businesses to act ahead of end of transition period to “avoid disruption”

HM Revenue & Customs (HMRC) has written to over 250,000 VAT-registered businesses urging them to “act now” ahead of the end of the Brexit transition period.Continue reading

UK Export Finance scheme extended to more than 100 overseas territories

The Government’s UK Export Finance (UKEF) scheme has now been extended to support international trade in more than 100 countries, it has been announced.Continue reading

Government launches consultation on plans for new freeports

The Government has launched a consultation on plans to create up to ten freeports across the UK in a bid to encourage global trade and attract inward investment following Brexit.Continue reading

Government extends deadline to claim post-Brexit customs support

The deadline for applying for customs and tariff support has been extended to 31 January 2021, the Government has announced.Continue reading

Brexit – what happens next?

The UK is set to leave the European Union (EU) on Friday 31 January 2020 at 11 pm – but what happens next?Continue reading

Businesses urge Government to negotiate post Brexit trade deals

Businesses are urging Prime Minister Boris Johnson to begin negotiations on the terms of the UK’s future relationships with the European Union (EU) after Brexit.Continue reading

Finance affecting SMEs and their export potential

According to the UK’s export credit agency, Capital Economics for UK Export Finance (UKEF), 60 per cent of companies have cited finance as a key obstacle to exporting.Continue reading

Top tips to ensure your business is prepared for Brexit

The UK is currently scheduled to leave the European Union (EU) on 31 October 2019. However, it is still unclear whether that will be with or without a deal.Continue reading

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