The UK Government revealed ‘bounce back’ plans earlier this month, designed to help retailers recover from the pandemic and navigate the difficult months ahead, with a heavy emphasis on use of e-commerce and international exports. However, among the many changes that Brexit will bring, one will be changes to the way exports are done. Now, Deloitte and the British Retail Consortium have collaborated on a report detailing how export from Great Britain will work post-Brexit.
It focuses on trade at the end of the transition period.
In releasing the report, the BRC explained how the UK’s departure from the EU will herald the biggest change to the UK’s customs landscape in a generation.
It said many businesses that have previously not needed to know about importing, exporting and tariffs will need to become specialists.
The step-by-step guide provides a checklist summarising the key considerations and actions businesses exporting goods from Britain will need to take, as well as the steps EU countries are taking to prepare for border changes at the end of the transition period.
The report can be read on the BRC’s website.
On the working collaboration, the BRC explained: “Through our partnership with Deloitte we’re able to bring additional insight, knowledge and expertise to help our members prepare for Brexit with Deloitte’s market-leading global trade advisory team, global trade bureau and global Brexit insights.”
Read more below about the Government’s ‘bounce-back’ plans for retail: https://www.professionaljeweller.com/government-reveals-bounce-back-plans-to-help-retailers-recover/