welcome to our Brexit Breakfast Blog
Regular updates on BREXIT and the implications it has on your business' importing/exporting activities.
Remain protesters now have plenty to aim at.
29 new ‘Farage’ MEP’s.
And the bunfight goes on in Whitehall.
At the last count 13 would-be Prime Ministers were making themselves an easy target.
Meanwhile, Michel Barnier admits to using Ireland as a political pawn to force future trade negotiations. (Search YouTube if you don’t believe it.)
And no surprise then, Mr Trump tuppence worth is…
‘Get ready for No Deal ‘and ‘Invite Nigel to the party.’ Oh and ‘Boris is a good guy.’
At least Carolyn Fairbairn of the CBI tells it like it is.
£20 billion fees and tariffs facing UK business if there is a No Deal?
150,000 businesses still unprepared for No Deal?
100,000 businesses that cannot be contacted by the HMRC?
Can she be right?
Andrea Leadsom says we will be fully prepared for an October Exit.
Can she be right?
Sajid Javid says Border Force is ready for a fully digitalised Irish border solution.
Can he be right?
Woody Johnson (friend of Trump) says an excellent deal with USA is waiting for us to leave with No Deal.
Who knows who’s right?
Our answer is trust nobody but yourself.
Stay on track with your contingency planning.
Here’s a reminder from last month.
Approved Economic Operator status should continue to be a goal because in any eventuality, fully digitalised customs compliance procedures will provide the basis for all future HMRC process.
Working with logistics companies, port authorities and partners in your supply chains who all share the security of AEO will be the future norm for the smooth continuation of trade.
Investigate Customs Approved warehousing schemes.
Calculate the financial advantages of working without financial guarantees.
Review your current customs liability and find ways of improving it.
Companies who have only ever traded within the EU should continue to register with HMRC as non-EU traders. Being flexible enough to change your sources of supply will help ensure you are not change resistant.
Investigate the fast track procedures with inland customs clearance that now exist.
Look into alternative road/rail alternatives at your disposal.
Consider flexible freight management schemes like ‘My Freeway’.
All of the above is part of our 2020 VISION client programme.
Nothing much has changed since last month.
Except May was always going to end in tears.
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Managing Director of Britannia Bureau Limited.