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Brexit: Preparing For A No-Deal EU Exit

Is your business ready?

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POSTED BY ROGER EDDOWES ON 14/01/2019 @ 8:00AM

So, here we are again, after the respite of the Christmas holidays, Brexit debates are back on the TV screens and radio waves. But what happens if we exit the EU without a deal?

A no-deal Brexit is now a real possibility. Is your business ready?

A no-deal Brexit is now a real possibility. Is your business ready?

copyright: pixelbliss / 123rf

Although the government has stated that a 'no deal' Brexit is not its preferred option, it has now published 106 specific technical notices to help businesses, citizens and consumers to prepare for March 2019 in case we leave the EU without a deal.

"These are available on GOV.UK in a centralised location that is easy for people to access and use!"

The Government has produced the following document for use by intermediaries such as Essendon in the event of a no deal Brexit which you can read by clicking here. It explains how trade, processes and regulations at the UK border will change after 29 March 2019 and what traders, businesses and individuals operating at the UK border will need to do from then on.

It is written to help you:

  • think about how you will need to adapt your activities to comply with new systems, processes and controls

  • assess the impact of any changes on your business

  • consider whether you need to recruit and train additional staff

  • stay up-to-date with these changes by registering for email alerts

Although its 119 pages long there may be something in there that's worth noting, such as what to do when you want to take the office dog on holiday!

Now, that we have witnessed convoys of lorries taking part in Government organised test runs from the disused Manston Airport on a 20-mile route to the Port of Dover, it shows that a no-deal Brexit really could happen, so anyone in business does need to take this seriously.

"Would you like to know more?"

If you'd like to find out more about a no-deal Brexit and how it may affect your business, then do give me a call on 01908 774320 or click here to ping me an email and let's see how I can help you.

Until next time ...

ROGER EDDOWES
Business Godparent


PS:

If you're looking to work with a leading firm of accountants, then why not visit our website which you can find at www.essendonaccounts.co.uk and let's see how we can help you!


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More about Roger Eddowes ...

Roger trained at Edward Thomas Peirson & Sons in Market Harborough before working at Hartwell & Co, followed by Chancery, as a partner. He started Essendon Accounts and Tax with Helen Beaumont in 2014 as a general practitioner with a hands-on approach.

Roger loves ‘getting his hands dirty’, working with emerging, small-to-medium and family businesses to ensure they receive the best possible accountancy advice. Roger utilises an extensive network of business contacts to leverage the best guidance and practical solutions.