Keep your business moving

Now that the UK has left the EU single market and customs union, doing business with Europe has changed. New rules apply in areas such as trade, tariffs, data, hiring immigration, and travel.

The government has produced a summary document which provides a high level overview of the changes agreed with the EU (“the Agreement”) and how they affect businesses and citizens.

The Government has announced a £20 million SME Brexit Support Fund to support small and medium sized businesses (SMEs) adjust to new customs, rules of origin, and VAT rules when trading with the EU. The SME Brexit Support Fund could give you up to £2,000 to help with training or professional advice, if your business has up to 500 employees and no more than £100 million annual turnover.

The Department for International Trade has launched its new Internationalisation Fund for eligible businesses in England. Match-funded grants of between £1,000 and £9,000 will be available for future activity (subject to eligibility and availability).

Upcoming key milestones

To secure their rights in UK law, eligible EEA citizens need to apply for UK immigration status under the EU Settlement Scheme. The deadline for applications is 30 June 2021. Prior to this deadline, eligible EEA citizens can continue to access benefits and services on broadly the same basis as now, regardless of whether they have secured settled status.

Information about the new rules and how they apply to you

To find out how the new rules apply to your business use the Brexit Checker on the government’s website.  The checker asks you questions about your business and provides advice on what you need to do based on your answers and what new rules are relevant to you.

There are also a number of business support organisations that can provide information and advice on how you should be preparing your businesses.

 

UK Transition Stories