05 November 2020
Over 75% of businesses aren’t ready for Brexit, are you?
A government survey has found that in September, less than a quarter of UK businesses were ready for the major changes in regulations and trading arrangements that Brexit will bring.
Firms will need to submit new customs documentation, lorries will need to abide by new government IT systems to travel to the EU; and employers will need to ensure that staff from outside the UK can legally work from them as sponsorship licencing and Right to Work rules are changing.
If preparations aren’t made now, businesses could face huge disruption with the EU, its largest trading partner.
The Cabinet Office issued a statement saying:
“We understand that businesses are under significant pressure as a result of Covid-19. With fewer than 60 days to go until the end of the transition period, we will continue our intensive engagement with businesses to make sure they have the support they need to capitalize on the new opportunities available to a fully independent United Kingdom.”
Chris Brazier, business immigration and employment partner and part of B P Collins’ Brexit team adds:
“This is the first week of Lockdown 2.0, which means employees are off work, Coronavirus related restrictions are in full force, and the economy is slowing down. This is a lot of added pressure for businesses which still must get ready to leave the EU single market at the end of the year. Although the government is saying it is engaging with businesses, it’s obvious that additional help is going to be needed to assist with fundamental changes to the way in which they operate. B P Collins are here to help you understand these changes and make your business Brexit ready.