Following the end of the EU Exit transition period on 31 December 2020, a range of support and advice is available for businesses unsure how they’re affected by the new trade agreement between the UK and the European Union.
Hiring from the EU
Free movement has now ended and the UK has introduced a points-based immigration system. This means anyone businesses want to hire from outside the UK, excluding Irish citizens, will need to apply for permission in advance.
The new system introduces job, salary and language requirements impacting the ability to hire from the EU. The Home Office’s podcast for businesses explains the new immigration system in more detail.
Importing to or exporting from other countries
If you import or export goods, you will need to:
- Make sure you have an EORI number starting with GB.
- Consider using a customs intermediary to make declarations for you.
- Check if your goods need an import or export licence.
- Consider if you want to make use of deferred declarations if you import goods.
HMRC is offering a web chat facility, giving help and advice to businesses struggling to understand how the new arrangements impact them if they’re importing and exporting.
Understanding your VAT responsibilities
Businesses struggling to understand their VAT responsibilities can benefit from new guidance, which includes advice on:
- Paying VAT on imports from outside the UK.
- Exporting goods and charging VAT.
- Refunds of VAT for UK businesses buying in EU countries.