New rules for businesses and citizens from 1 January 2021

Plymouth City Council sent this bulletin at 23-12-2020 11:30 AM GMT

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23 December 2020

Brexit transition: time is running out

There is just over one week left to get your business ready for new trading rules with Europe, which apply from 1 January 2021.

Make sure you’re ready

Your business, family, and personal circumstances will be affected. Use the Brexit checker to get a personalised list of actions. You can also sign up for emails to get updates for what you need to do.

Start now

Invest Plymouth: UK Transition

Please visit the Invest Plymouth website for links for different avenues of support for your business following the UK exiting the EU.

Find out more here

Changes for businesses and citizens

You need to act now if you’re:

Get the complete list of what you need to do for you, your business and your family.

HMRC is encouraging customers to complete the new trader checklist, which can be found on GOV.UK. This simple guide will help them work through the necessary steps they must take to be ready for 1 January 2021 and identify aspects of their preparations which need urgent attention.

New customs processes from 1 January 2021

You will no doubt be aware that negotiations on a trade deal are continuing after the UK and EU agreed to go the extra mile to reach an agreement. But regardless of the outcome, everyone in the UK who trades with Europe, or under the Northern Ireland Protocol, will be affected by new rules and there are steps you can take to get ready.

If you buy goods for your business from EU countries and bring them into the UK, or if you sell goods to customers in EU countries, you will need to make customs declarations for your goods from 1 January 2021.

If you plan to trade with businesses in EU countries from 1 January 2021, you need to take these actions now:

Check what customs declarations you need to make: From 1 January 2021, you must make declarations for all goods you import and export – you will need to follow the same process as used for trade with the rest of the world. If you import goods that are not controlled, you may be able to delay making import declarations for up to six months.
Prepare to make customs declarations: If you plan to trade with EU countries in January or February, we recommend getting a contract in place with a professional customs agent or customs intermediary who can help you submit customs declarations now. This is especially important if you’re exporting or if you’re importing controlled goods, as you will not be able to delay your declarations.

If you’re a VAT registered trader, you will also receive a letter and checklist this week from HMRC to help you prepare for the new trading rules with Europe.

All Transition period information

Browse all information related to the transition period

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