The transition period for the UK leaving the EU has ended. The UK-EU Trade and Cooperation Agreement has been ratified by the UK Parliament and, at 11pm on 31 December, 2020, the UK left the EU customs union and single market.
Our Accounting Brexit Hub is a one-stop shop for new customs regulations and VAT requirements which businesses trading with the EU must now understand and follow.
Please talk to us about helping you with your "what-if" forecasting and planning for 2021 in this new UK-EU trading environment.
Find out about the Trade Agreement.
Key to note is that the terminology used for sales and purchases between the UK and EU member states has now changed. Acquisitions (purchases) are now imports, and dispatches (sales) are now exports.
Whether you are just starting a business or your empire is already growing, our business advice services can help you reach the next level. Call us on 0121 667 3882 or email us on firstname.lastname@example.org