Posted by Wendy Andrews on April 5, 2018
With less than a year to go until the UK leaves the EU it is important for all businesses to start reviewing the impact which this huge change will have on their businesses.
Although political uncertainty about the final position continues, the timescales mean that practical considerations now need detailed review.
The most immediate impact will be for businesses which buy or sell goods with EU suppliers or customers.
The transitional arrangements due to come into force after March 2019 may mean that there is little major change until 1 January 2021, but it will not be clear for some time whether this will be the case.
Businesses should therefore start assessing the impact of leaving the EU and taking any steps required to ensure that they can continue to operate effectively once the changes take place.
UK businesses most likely to be affected and which should be giving priority to a review of the impact of Brexit are as follows:
Over the next few months we will be circulating more practical insights on Brexit and exploring the impact it might have on your business.
In the meantime, if you are concerned about the effects of Brexit on your business and would like to speak to us, please contact Wendy Andrews on 01392448800 or firstname.lastname@example.org.