welcome to our Brexit Breakfast Blog
Regular updates on BREXIT and the implications it has on your business' importing/exporting activities.
DECEMBER: Whichever party you hope will give you a happy Christmas, we can still help with a prosperous New Year.
Boris has promised you an oven ready Brexit this Christmas - which you might think is a bit of a turkey.
Jeremy is planning to give you £83 million worth of gifts – which you might not like the thought of paying for yourselves.
And Jo is getting excited about something that 17.4 million of you have already said you don’t want.
Looks like you’ve got enough on your plate this Christmas.
Perhaps you’d prefer it if we confine ourselves to helping with a prosperous new year...
2020 will see us helping more and more clients in the post Brexit environment with our 2020 VISION programme.
Gaining AEO status has still got to be top of the wish list. UK applications went up year on year by 25% in Jan 2019. So, somebody’s been listening.
And our expectations are greater for 2020.
Once we are out, the EU may well advise all companies with EU based supply chains that include non-compliant UK companies to replace them with AEOs.
If you are trading in the wider world, getting AEO status is just as important. AEO S is a mutually recognised status with C-TPAT in USA and many other trading nations within the WCO ‘SAFE’ Framework of standards.
In the less likely event that we revoke article 50 and stay in, AEO is absolutely necessary to comply with the ECC rules that come into full force by the end of 2020.
There is currently a Government Brexit Checklist you can find online covering pretty much everything you need to put in place.
It includes 18 pages of advice with literally hundreds of drawdowns with sector specific advice in all areas.
If you don’t have the time to get your head around it, Britannia Bureau can help.
As ever, we can provide you with a face to face evaluation to determine how you can improve your specific trading situation.
We may even be able to re-assess your HMRC commitments and get you a late Christmas box by way of a rebate.
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Managing Director of Britannia Bureau Limited.