On 15 January, the House of Commons voted ‘No’ to the proposed Brexit deal agreed by the EU and the UK Government. As a result, ECA created a 'Brexit risk assessment' guidance note for members.
This guidance note is intended to provide practical considerations for ECA Members in the coming weeks as to what level of risk their business may face as the UK prepares to leave the EU.
View guidance note
ECA Brexit Briefing - March 2019
ECA recently held a Brexit Briefing with BEIS for ECA members on the commercial implications of the UK leaving the EU. This included useful information on contractual clauses.
Download the 'Force Municipal' contractual clause information
Read Rob Driscoll's blog on the event
Watch a replay of the event in full
Further information and guidance on Brexit:
ECA is working with Government’s Business Energy and Industrial Strategy team for Construction on an awareness programme to ensure industry is ready for trading in a ‘No Deal’ scenario. Updates in this regard are being shared regularly via the member newsletter.
Furthermore, for a view from the Confederation of British Industry on the impact of Brexit, please click here.
For those who import products:
HMRC has announced that businesses will be able to use simplified declarations and postpone payment of duties under Transitional Simplified Procedures (TSP) if there is a no-deal Brexit (although there will be additional information needed for controlled goods). The measures will be reviewed after 3 to 6 months and businesses will be given 12 months’ notice if they are to be withdrawn.
Businesses can sign up for TSP online from 7 February but they will need an EORI number to do this. Registration and information, including which ports TSP applies to, is available at www.gov.uk/hmrc/eu-simple-importing. The list does include Hull, Tilbury, Dover, Immingham (Hull) and Felixtowe.
HMRC have written to all VAT registered businesses which, if you import, you should have received already. Click to read letter.
The European Commission has also issued guidance on how industrial products will be handled under Brexit. Click here for guidance.