The UK left the EU on 31 December 2020. The rules governing the new relationship between the EU and UK took effect on 1 January 2021.
There are changes to the way UK businesses trade with the EU that may impact your business.
New guidance has been issued for:
Trading with developing nations: Details on the UK’s Generalised Scheme of Preferences. For more information visit the GOV.UK website.
Rules of origin: Check your goods comply to trade tariff-free with the EU: With a trade deal in place, UK businesses can trade tariff-free with the EU from 1 January if their products meet agreed Rules of Origin. UK traders need to check if their products comply and how to prove they originate from the UK. For detailed guidance on the rules of origin requirements under the UK’s deal with the EU visit the GOV.UK website.
Apply to access Customs Handling of Import and Export Freight: What to do if you need to use the Customs Handling of Import and Export Freight (CHIEF) system to make an import or export declaration. For more information visit the GOV.UK website.
Claim VAT refunds in Northern Ireland or the EU, if you are an established in Northern Ireland or in the EU: Find out how relevant businesses can claim refunds of VAT incurred on goods in the EU and Northern Ireland using the EU VAT refund system. For more information visit the GOV.UK website.
For further information on how to prepare your business for the new rules between the UK and the EU please visit the Business Wales EU Transition Portal.