Event

Virtual meeting: Importing goods from the EU after Brexit

26 November 2020

In less than 100 days, the UK faces the biggest change in trade rules with the EU since the European single market was launched in 1993 — whether a new trade deal is agreed or not. 

When

11am - 12:30pm

Where

This event will
be hosted as a
webinar
View Map

Price

Free for BESA members

In less than 100 days, the UK faces the biggest change in trade rules with the EU since the European single market was launched in 1993 — whether a new trade deal is agreed or not. 

 

54% of UK imports come from the EU, at a value of £345 billion, with 3.5 million lorries crossing from Calais to Dover each year. he UK border will become the frontier of the UK's post-transition trade agenda, with disruption for supply chains a serious risk. 

With the Government's "reasonable worst case scenario" warning of a two-day delay in getting goods into the UK, finding ways to mitigate disruption will be key to limiting economic damage in the midst of a pandemic. Added to this is the pressure that businesses will face in needing to adapt to new processes and, in many cases, apply new import tariffs for imported goods.

This informal meeting will explain how the rules from importing from the EU to the UK will change upon the end of the transition period. Subjects that will be considered will include: 

  • What is the Government's new Border Operating Model, and how will it affect imports?
  • How do the rules differ between goods imported from the EU, and goods imported from Northern Ireland?
  • How will custom requirements, declarations and duties change?
  • Will new VAT requirements affect my business? 
  • What tariffs will businesses need to pay?
  • What are the key questions that businesses need to consider?

 

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