Brexit transition: new rules for businesses

Whilst it is not yet fully known what will happen, 31 December 2020 marks the end of the Brexit transition period for UK businesses.

We work with our dedicated partners The VAT people who will help you and your business with Brexit advice. If you are concerned about the impact that Brexit will have on your business, and are unsure of the implications that the UK’s departure from the EU will have on VAT, The VAT people are here to help.

They can advise on VAT registrations for European businesses importing into the UK, as well as for British businesses who are selling to Europe. There are many solutions to navigating a post-Brexit trading world, such as setting up hubs in Europe or running a direct import to your clients in the continent. The VAT people will consider your unique circumstances and provide tailored and practical advice.

You can also use the Government Brexit checker here to get a personalised list of actions you need to take for you and your business.

You need to act now if you’re:

You don’t need to wait for the changes to come in to effect – here are the steps you can take right now to get ready for the new year.

Movement of goods

As part of the transition period, you can start preparing your business for the new year by looking into the movement of goods and how things will change.

Here are Government updates advising what you and your business can do to get ready:

Selling goods

When it comes to selling goods, you can start making changes today ready for the new year:

Selling services

If your business provides services, here is a breakdown of what you need to consider when the transition period comes to an end:


VAT is changing come the 1st January 2021. Find out below what you can do now to prepare, and what you will need to do differently.


When the transition period comes to an end you will need to think differently when it comes to managing and employing people. Below is the guidance you will need to review for the new year.

Running your business

Day to day running of a business is changing at the end of the transition period. Whether it is providing services, using personal data, or travelling abroad – there are things you can do now to get ready.

Need more information?

Do you need help with the Brexit transition? We work with our dedicated partners The VAT people who will help you and your business. Our team work hard to ensure they create smart and effective tax-efficient solutions for start-ups to optimise growth and help them succeed. If you want to learn more about how the team can help or simply want some start-up advice from a trusted accountant do hesitate to contact us. For more information please do hesitate to contact us on 0161 962 1855. Alternatively you can email us using the form below and we will contact you as soon as possible.

Our fantastic team at A&C Chartered Accountants are here to help.

Contact us below

Fields marked with an * are required

    Write a Comment

    Your email address will not be published. Required fields are marked *