• Copies of the latest letters issued to UK traders to inform their EU Exit preparations. • Information about the further guidance and support available.
GOV.UK includes a dedicated ‘Prepare your business for the UK leaving the EU’ tool that ask businesses seven questions about the nature of the trade they carry out before presenting the relevant guidance to inform their preparations. Keep up to date If you haven’t already done so, you can sign up for the latest EU Exit news as it happens. Register for HMRC’s email update service at www.GOV.uk/hmrc/business-support, select ‘business help and education emails’, then ‘EU Exit’.
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Be prepared for a ‘no deal’ Brexit 13 March 2019
HMRC is urging business owners to prepare now for a no-deal Brexit, highlighting three steps they should take to ensure their businesses can continue to trade with the EU.
Firstly they need to register for an Economic Operator and Registration Identification (EORI) number, which HMRC says only 17% of businesses have so far done.
Then, businesses need to consider how they want to make customs declarations – which usually means using a customs agent.
For businesses that import goods into the UK from the EU using roll on roll off locations, they can take a third step and register for new Transitional Simplified Procedures (TSP). TSP will allow businesses to import without having to make a full customs declaration at the border and postpone paying any import duties. For imports using other locations, and for exports, standard customs declarations will apply.
Financial Secretary to the Treasury Mel Stride MP said:
“We want businesses to be able to continue trading with minimal disruption in any scenario…Step by step advice can be accessed via GOV.UK – the help is there, we just need business owners to take action.”
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EU Settlement Scheme for EU citizens living in the UK 15 March 2019
The latest information on the EU Settlement Scheme for EU citizens living in the UK has been made available.
Although there is no legal obligation for employers to communicate the EU Settlement Scheme to their employees, you may wish to signpost the information that the Government is providing.
The full opening of the EU Settlement Scheme will go ahead on 30 March 2019. Applications will be free, as announced by the Prime Minister on 21 January 2019.
Refunds People who have paid an application fee during the test phases will receive a refund after 30 March 2019. If you are due a refund you do not need to do anything. The fee will automatically be refunded to the card that was used to pay it. An email will be sent to the contact address provided in the application, confirming when the refund has been processed.
150,000 applications so far
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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