UK Transition Information

The UK is leaving the EU single market and customs union and the end of the transition period will affect businesses. It is important that you check what the EU exit means for your business and take action before 1st January 2021:

If you would like support in navigating the guidance contact the Growth Hub’s UK Transition Advisor who can guide you through and help with all your enquiries.

UK Transition Period Checklists

The Government has put together a list of actions that will help you to identify what your business needs to do before the transition deadline. Any UK business that provides services or investment to the EU or EFTA region will also need to complete the Services and Investment Checklist. Find out more information and complete the checklists following the links below:

Services and Investment Checklist

Transition Period Master Checklist

The checklist process is easy to follow and allows you to sign up for the business bulletin that is tailored to your business needs.

It’s important that you follow these key steps in advance of January 1st:

✓ Make sure you have a GB EORI number

✓ See if your imported goods are eligible for staged controls

✓ Check the Controlled goods list to see if you need to complete declarations from January

✓ Decide how you’re going to make customs declarations

✓ Check if Import VAT is due at the border

✓ Decide how you will account for import VAT when you make a customs declaration


Government advice

Guidance is offered in how to prepare across 9 criteria, please click on the links below to discover specific information.

Get UK Transition business alerts

Businesses can sign up to get personalised Government alerts to help them with the UK transition period.

You will receive a tailored list of actions to complete before the deadline, as well as the option to sign up for relevant email alerts at the end of the survey.

Any new information released that affects your business will come direct to your inbox.

Answer the survey and sign up for updates here.

 

UK Transition Resilience Tool

The ‘UK Transition Resilience Tool’ has been developed by the Growth Hub to enable senior business managers and directors to take a view on where your strengths lie and where you may be vulnerable following the UK’s exit from the EU. Your business will receive a personalised report from our experts, which will make some recommendations on actions to take. It also offers a useful productivity benchmarking tool, to enable you to evaluate your business against regional and national averages in your sector.

Completing this tool takes approximately 15-20 minutes and covers; Business Planning & Strategy; Innovation; Sales & Marketing; Export; People & Skills; and Finance.

 

Action leaflet for UK exporters

A new leaflet has been released outlining important actions for UK exporters to take before the new rules commence.

The leaflet includes links to a number of sources on the Government website that will help your business prepare for the new regulations if you export to the EU or rest of the world.

There will also be a number of webinars taking place to assist businesses in getting their preparations completed.

Access the leaflet and events here:

More Support

Key sources of support and guidance can be found from:

  • The European Commission who offer information on how the UK’s exit from the EU will affect companies if they partake in certain processes. There is a checklist for traders on the website and publications that can be accessed. Access European Commission Resources
  • The Federation of Small Businesses (FSB) who provide business owners with a Small Business EU Exit Hub. This Hub pack was created to help smaller businesses understand and prepare for what comes after the end of the transition period later this year. The Hub also contains further reading resources and reports on some of FSB’s research into EU exit. Access FSB EU Exit Pack
  • The British Chambers of Commerce who look to assist businesses to consider how to plan for the future, and have prepared checklists and useful guidance and dashboards to assist. Access Chamber EU Exit Planning Assistance