The UK is set to leave the EU on the 29th of March, 2019.
We think. Maybe.
You see, at the time of writing this blog post, another twist has emerged. The Prime Minister has requested a 3-month extension which, if accepted, would put the leave date back to June 30th. And what happens then is anyone’s guess.
Still, whether it’s 3 months or one week, the fact remains that nothing has changed where your business is concerned. You still need to prepare for a ‘No Deal’ Brexit. It’s the only sensible thing to do amidst the uncertainty.
Your mission: Leave no rock unturned
We’ve been pulling together resources over the last few months to help you plan and prepare for a difficult EU exit.
First thing’s first, we recommend you read our post about the 3 most important areas to consider where a ‘No Deal’ Brexit is concerned. You can find that here.
Next, review our ‘No Deal’ Brexit Planning Checklist. This six-page document covers:
● Movement of Goods;
● Supply Chain Analysis;
● Product Standards and Compliance;
● Contracts with EU Companies;
● EU Employees in the UK and Post Brexit Planning; and
● A few other matters you may have overlooked.
If you currently import from, or export to the EU, read this blog post to learn more about the Economic Operator and Registration Identification (EORI) number and why you need it.
And finally, take this GOV.UK questionnaire to identify anything else you need to do for your business before Brexit occurs.
Deal or No Deal – Be Prepared
Saint & Co. has been helping businesses and individuals manage their finances since 1884. In that time we’ve seen our fair share of political and economic upheaval. And the only way to make it through is to be prepared.
Contact us today if you’re concerned about the tax or business implications of a ‘No Deal’ Brexit. One of our friendly team members will be happy to answer your questions.