Some small businesses have stopped exporting to the EU – permanently in a small percentage of cases More than a quarter of small exporters have ceased selling to customers in the EU following post-Brexit transition delays. The Federation of Small Businesses (FSB) warns that what might have been previously dismissed as ‘teething problems’ could become…
Pre-Brexit stockpiling is thought to a contributor to the fall in EU exports UK exports to the EU dropped by 40.7 per cent in January 2021, according to ONS figures. This was the first month after the Brexit transition ended, with customs rules changing and firms contending with extra paperwork. The ONS added that imports…
Red tape: small businesses have had to cope with myriad regulations when importing from the EU post-Brexit Since the final Brexit deadline on December 31, businesses across the UK have had to quickly become familiar with the new trade deal and adapt their supply chain accordingly. Unsurprisingly, this has not been without disruption. With a…
All change: the government is phasing in changes to EU imports and exports between April and June Small businesses that only trade with the EU can apply for a £2,000 grant through the Brexit Support Fund for help with importing and exporting. The government has made £20m available for the Brexit Support Fund to help…
Roadblock: 49% of businesses that export into Europe are struggling with the new rules post Brexit Half of mainly small business exporters that send goods into the EU are facing difficulties trading post Brexit. For manufacturers the problems are just as bad, with 51 per cent finding life exporting to Europe more difficult after Brexit,…
Value added: it costs anything between £3,000 and £5,000 to register for VAT in each EU member state Businesses selling goods into Europe face having to pay for VAT registration in all 26 EU countries, costing up to £130,000. Britain left the EU on January 1 and small businesses now have to register for VAT…
On top of the Covid-19 headache, there are growing concerns that many European nationals are unaware of what they need to do to continue working in the UK, such as applying for settled status. Research from The Joint Council for the Welfare of Immigrants earlier this month warned that one in seven EU care employees…
Post-Brexit red tape is proving to be a massive challenge for fashion businesses More than 400 leading figures in the fashion industry are calling on the government for help following post-Brexit red tape and travel restrictions. The open letter to the Prime Minister comes from respected icons, including model Twiggy and Patrick Grant, judge on…
The UKCA mark will need to be placed on products sold within Great Britain Now that we’ve left the EU, small businesses need to think about changes to how they label their products, including the UKCA. We clear up what the UKCA mark is and what you need to do to keep compliant. What is…
Deal or no deal: Europe’s companies want a three-month grace period to implement new regulations Companies need a minimum three-month transition period for new regulation, even if a Brexit deal is agreed, say Europe’s small businesses. SMEunited, the organisation which represents small businesses at an EU level, say businesses need a phased introduction to trading…
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