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Government Guidance for Businesses Preparing for Brexit

Although the Government has just voted to delay the departure date from the EU to a date still to be confirmed, the departure is still planned to take place.

Many businesses still need to take action to prepare for change ahead of this departure.

The Government is required to plan for every possible outcome. This may be the implementation of the deal negotiated with the EU with a subsequent transition period allowing more time to prepare; or a 'no deal' outcome for which there is no planned transition period after exiting the EU.  

To understand how leaving the EU may affect your business and what you can do to get ready, The Government has published new online guidance covering potential scenarios.

The “Preparing for EU Exit”  website is the central site for guidance aimed at businesses and individuals.

Government have also developed a tool specifically for businesses to help them prepare for the UK exiting the EU.  It asks businesses seven questions which cover core operation areas that may be impacted. Depending on responses provided, the toolkit draws together guidance which is most relevant to the businesses individual circumstances. You can find out:

  • what your business will need to do to prepare for the UK leaving the EU
  • what’s changing in your industry
  • information on specific rules and regulations

In addition to these key resources, wider information has been published on the following topics: 

 

‘No-deal’ Preparation

As part of the 'no-deal' preparation process, the government has also published a detailed series of ‘technical notices’ and a Partnership Pack with information designed to help businesses with their own contingency planning, as well as the customers and clients of business advice services. Key documents are highlighted below:

 

 

Specific information is provided on what to expect on day one of a ‘no deal’ Brexit for: 

 

The Heart of the South West Growth Hub

Our LEP wide Growth Hub continue to update their Brexit page with useful links to trustworthy sources of information & advice, Brexit related events and other resources that could be of use to local businesses.

Find out more, see the HotSW Growth Hub Brexit Resources page.  

The Growth Hub has access to a range of resources provided by Government and partners to help businesses plan for the various Brexit scenarios. They are also able to feedback your thoughts and experiences direct to The Department for Business, Energy and Industrial Strategy (BEIS).

Advisers can talk with you further about the events and appropriate business support programmes that meet your business needs. Contact the team on 03456 047 047 or email info@heartofswgrowthhub.co.uk

 

Information and links accurate at 08.02.2019