Additional Brexit advisory documents for small businesses

The government has published additional documents containing advice on Brexit for UK small businesses.

The government has published additional documents containing advice on Brexit for UK small businesses.

According to the government, the information will help business owners to 'understand how leaving the EU may affect their business'. The advisory documents cover a range of issues, from changes to UK-EU trade following Brexit, to alterations to how businesses send and receive personal data.

Amidst ongoing Brexit uncertainty the government is urging businesses to 'prepare now'. Businesses that import or export goods to the EU are urged to apply for a UK Economic Operator Registration and Identification (EORI) number if they have not already done so, in order to continue trading with the EU post-Brexit.

Businesses that provide services to or operate in the EU may need to comply with new rules following Brexit. A business could be affected if it has a branch or branches in the EU; it operates in a services sector within the EU; it is planning a merger with an EU company; or if its employees have to travel to EU or European Economic Area (EEA) countries for business.

Meanwhile, businesses that hold intellectual property are warned that they may face changes to their copyright, patents, designs and trademarks following Brexit.

The government is urging small firms to utilise the Exit Tool.

Internet link: EU Exit tool

Have we convinced you yet?

Please feel free to get in touch via phone email or our quick contact form.

We offer initial free consultations simply contact us to find out more.

Copyright

© 2020 Higson & Co. All rights reserved.

powered by totalSOLUTION

We use cookies on this website, you can find more information about cookies here.

Contact Us

Please call:
0115 947 5662

Quick links

Site map | Accessibility | Disclaimer | Privacy | Help |

Address
Higson & Co, White House, Wollaton Street, Nottingham, Nottinghamshire NG1 5GF

D V Bonnert FCA, W E Messom FCA, S C R Skill FCA, Mrs G J Strickland FCA, D R Wallwork BA FCA, Miss E C Davey FCCA

Registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Details about our audit registration can be viewed at www.auditregister.org.uk under reference C005395100.

A member of the ICAEW Practice Assurance Scheme