MP, Financial Secretary to
the Treasury, opened a conference today for business
representatives on what they need to do to help businesses to
prepare for EU exit.
The event outlined the changes businesses will need to respond
to, as they import and export with EU companies, under a range of
scenarios.
said:
This is part of the vital preparation to ensure that businesses
are ready for leaving the EU.
Opportunities abound for a global Britain to strike out for
rich new fields of trade and investment - however, preparations
are needed to be able to capitalise on them.
HMRC is doing
everything it can to make clear to businesses what is required
of them ahead of when we leave.
In recent months, HMRC has published
technical notices, partner packs, letters and guidance setting
out the implications for a no deal scenario.
There is a real need for businesses trading to be ready and
able to comply with any new rules and be emboldened to continue
trading confidently.
The event, held at the QEII Centre in central London, heard from
speakers who updated businesses with the latest information and
actions to take around customs, VAT and excise, specifically
including:
- customs processes
- roll-on roll-off port locations and changes
-
VAT processes
The event also hosted information stalls for the Department for
Environment, Food & Rural Affairs, Border Delivery Group,
Department for Transport, Government Digital Service and the Home
Office.
Businesses will also receive a letter in early February with
further details and information with guidance published on
GOV.UK.