BUSINESS
PREPAR HELPDESK
HELP DESK
BMF has out With no cert
RING FOR BRE
tlined several areas tainty of an agreed
EXIT
s to consider in preparing for a no de d Brexit deal within the original times
who have notably Iri to stay he foreign na after 30 June 2021. Certain in the UK and Switz Norway, Ic will enable The EU
https://www.gov.uk/ this year. for applica the schem staff apply Employe or remain
eu-settlem governme
VAT is an EU tax and VAT on Imports
VA BMF
concern focused on having i to pay 20% extra up front on imports under a “no deal” Brexit. BMF lobbying helped secure a concession from HM Treasury to ease the impact on importers’ cashflow and costs. Under this, VAT-registered businesses will be able to account for import VAT on their VAT return, instead of paying import VAT before goods can be released from ports. The concession applies to imports from both EU and non-EU
f d h
accounting-for-import-vat
https://www.gov.uk/guidance/ countries.
Contracts
Leaving the EU Customs Union means that customs, excise and VAT requirements will apply in much the same way as goods traded with non-EU countries. This means tariffs on UK exports as well as customs checks and paying duties and VAT at the border in the event of no deal. The BMF recommends
12
contracts to esta reviewing curren
iff
that may apply post-Brexit. We to pay any tariff
exports-if-theres trading-timber-i https://www.g in transit at port who is liable if g contracts and in further recomm
s-no-brexit-deal mports-and-
gov.uk/guidance/ ts and airports. goods are delayed nsurance to see end checking post-Brexit. We fs, duties and VAT
People and Employment
nt
Leaving the EU means the end to the free move The Home Secre £30,000 salary t which migrant w
ement of people. etary proposes a threshold below
allowed in. If th is is implemented it is likely to cau shortages amon workers, particu
ngst construction ularly labourers.
The Home Office has published guidance about the Right to Work and what employers must do to prevent illegal working by conducting chec on new staff.
https://www.g to-work
workers will not be use labour
f duties and VAT ablish who is liable nt and future
P d toolkit
e indefinite leave to enter ish citizens and those ere without applying, ationals may be able une 2021. Certain to continue living here zerland currently residing celand, Liechtenstein e citizens from the EU, Settlement Scheme
ations by end of March me should be open fully y for Settled Status, and ers may wish to help in the UK.
ment-scheme-employer- ent/publications/
www.gov.uk/
weaken regulations and standards There is n Producroduct Standar
on produc marking e departure harmonise become id standards Howeve
dentical UK designated ed standards will e all existing European etc. Following a no deal ct liability, conformity egulations and standards o clamour to scrap or ct Standards
t St d rds d
mark plac the EU on published marking w (UK Confo
products sold in Great Britain and
that the EU will stop recognising A no de Northern
Agrément Institute a Notified B the compe
cks before taking
gov.uk/view-right-
mark to compliant products. products and issue the new UKCA which will be eligible to assess bodies as UK Approved bodies, intends to reclassify UK Notified the EU market. The government Agrément) to assess products for
t) to assess products for and British Board of Bodies (British Standards etency of UK based U will stop recognising eal Brexit also means Ireland post Brexit. sold in Great Britain and ormity Assessed) for with a new UKCA mark proposals to replace CE nly. The government has
nly The government has ed on products is for er, the current CE safety .
CE for EU markets and UKCA desi goo limit goo allow M
for
invo new user dec cha mea
h h ill have to UK sales. This inevitably for EU markets and UKCA irable to show both marks, ods to the EU may find it ted period. Those who export ods for sale in the UK for a wed to use CE marking on Manufacturers will only be
w logo, with all the extra cost r guidance etc to display the larations of performance, nge packaging, advertising, ans that they will have to
olved. Th
away, but there may be a rush adopt the UKCA mark straight man pap
here will be a consultation per and, in most cases,
nufacturers will not have to opt the UKCA mark straight ay, but there may be a rush have goods tested by UK Approved Bodies to assess
to h proved Bodies to assess
cha com
con if-th
mpliance in preparation for the ht
here-is-no-brexit-deal BMJ
Th up
he BMF issues regular pdates and briefings to members on industry, ec iss ab or
bm
struction-products-regulation- ttps://
www.gov.uk/guidance/ nges.
eal departure. scale, the
conomic and legislative sues. To find out more bout joining at
www.bmf.
rg.uk, or email
oz.bham@
mf.org.uk
www.buildersmerchantsjournal.net
ntsjournal.net April 2019
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