It’s fair to say that Brexit certainly got us talking and divided opinion. However, on 31st January 2020 at 11pm, the UK formally agreed a withdrawal agreement to leave the EU and entered into a ‘transition period’.
So, where do we stand?
The UK is currently in the ‘transition period’ – also referred to as the ‘implementation period’. During this time UK businesses will continue to comply with EU laws and rules until the period concludes on 31st December 2020.
From 1st January 2021 rules around how your trade with Europe will change fundamentally. It is likely to be a complex time for UK businesses with new processes, delays, and cost implications severely impacting existing processes. Controlaccount has put together this page specifically to support those that import from and export to Europe, particularly those in the transport, shipping and logistics sector. This page hopes to cut through the reams of information available and give you a quick update on what you need to know and how your business needs to prepare.
Here at Controlaccount, we’ll get the facts and update here. If there is something specific that you would like to hear about drop us an email at sales@controlac count.com.