Tariffs on some imported goods will be partially or wholly suspended to help UK firms become “more globally competitive”, it has been revealed.
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
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).
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.
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.
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.
The deadline for applying for customs and tariff support has been extended to 31 January 2021, the Government has announced.
The UK is set to leave the European Union (EU) on Friday 31 January 2020 at 11 pm – but what happens next?
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.
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.
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.
Ahead of a potential no-deal Brexit, the Government has announced that it will start automatically enrolling UK firms in the customs system.
The Government is encouraging UK small and medium sized enterprises (SMEs) to register for funding to help them cope with a new customs system following a potential no-deal Brexit.
The total value of UK goods and services exports increased by four per cent in 2019, a new report has revealed.
Despite ongoing Brexit and political uncertainty, exports across the UK have surged to record levels.