Many SMEs are unaware that there are some key things they need to do before the end of the year to ensure they can continue to trade from 1st January 2021.
The UK left the EU on Friday 31 January 2020. There is now a transition period until the end of 2020 while the UK and EU negotiate additional arrangements. From 1st January 2021 there are some significant implications for SMEs.
There are many guides, tools and checklists available to help you. The online government tool Check how to get ready for new rules in 2021 will guide you through a series of questions and provide you with a list of results to support you getting ready for the new rules.
To help SMEs prepare for Brexit, we have produced some useful materials including:
- Preparing for Brexit: A Guide for SMEs (including helpful links to tools and further resources); and
- A 15-point Action Plan.
If you would like a copy of the guide or the 15-point Action Plan, please get in touch.