UKFT advice for a No Deal Brexit

It might just happen who knows? The UKFT provides information to help UK Labels planning for a ‘No Deal’ Brexit.

With only 16 days until the 29th March and still no clear sign of the way ahead. The UKFT advise businesses to start planning for a ‘no deal’ Brexit.

UKFT Information in the case of  the UK leaving the EU without a deal on 29th March –

• New Shipping and Customs procedures will come in to effect with significant administrative burdens.
  Without an EORI you won’t be able to move anything in or out of the EU.
• Possible change in tariffs – there would be tariffs on exports to the EU. There might be tariffs on imports from the EU.
• EU VAT refunds – you will have to reclaim VAT from individual Member States that you sell to
• If you import any products under CITES rules these will change
• Trading with Japan, Canada, South Korea and other countries with EU trade deal – the UK will cease to benefit from these FTAs.
• Importing from Turkey – access to duty-free goods from Turkey will stop.
• Employing EU nationals – new rules will apply.
• Using a CE mark – new requirements will be put in place.
• IP protection – different IP protection regimes will come into force.

UKFT is doing everything it can to make this process easier for fashion and textile exporters (and importers) by posting the most important documents and links 

Editors Notes: A no deal Brexit could have significant impact on costs, cash flow and the terms of contracts. The changes could impact the time it takes to bring goods in to the UK or to fulfil export orders. It’s best to have all the information you need at hand for planning in case of a no deal exit.

What is an EORI number?
‘EORI number’ is short for ‘Economic Operators Registration and Identification Number’ and is a system of unique identification numbers used by customs authorities throughout the European Union. To Apply

Deal or no deal Brexit – Interview with Laurian Davis, UKFT

I talk with Laurian Davis MBE from the UKFT about the consequences of Brexit to the children’s fashion industry. We discuss the UKFT’s position and their role during this long drawn out process.