Helping LCR businesses
prepare for Brexit
The Local Growth Hub is committed to helping Liverpool City Region businesses plan for the various Brexit scenarios they may face.
We know from speaking to local businesses that many people are unsure about how best to be prepared, particularly in the case of a “no deal” Brexit. Queries range from future staffing to customs administration, VAT transactions, import delays and regulatory matters.
Despite the uncertainty of potential outcomes, it is essential that businesses are as prepared as they can be. Depending on your particular business there are steps you can and should be taking now to prepare for the UK leaving the EU. This page signposts businesses to resources provided by the government and other organisations from both the public and private sector to help you navigate through these and other areas. You can also sign up to our newsletter for updates.
We have a team of business brokers who can help answer your queries about preparing your business for Brexit. If you’re uncertain about what Brexit means for your business, please get in touch.
Preparing for EU Exit
The Government has developed a “Preparing for the EU” website which is a central site for guidance aimed at businesses. You can also download a leaflet here which provides signposting advice and key considerations that SMEs may need to undertake for EU Exit.Visit website
The website is divided into sections:
Give Brexit feedback
Growth hubs around the country are seeking insights from local businesses to inform a cross-departmental intelligence gathering commission for the Government. We would be grateful if you could provide any insights via this 15-minute survey.Complete survey
Other useful sources of information
In addition to the official government guidance for businesses, there are numerous other sources of information and guidance which you may find useful. These include:
- A Brexit checklist from the British Chambers of Commerce
- An FAQ on the proposed Withdrawal Agreement form the British Chambers of Commerce
- The CBI’s priorities for a renegotiated UK-EU relationship
- A Small Business Brexit Pack from the Federation of Small Businesses
- Small business advice and help from Enterprise Nation
- The World Trade Organisation’s overview of what it does and its trade rules that we would fall back on in the event of a “no deal” Brexit
- A calculator that provides information on tariffs and other import measures applied to products imported into the EU
- A quick-start guide to help you start preparing for Brexit from the Institute of Chartered Accountants
- An FAQ section on key Brexit issues from Lloyds Bank
- A hub for getting your business Brexit-ready from HSBC
- A hub for Brexit preparation from the ICAEW accountants body
- Health and safety guidance from the HSE
- ICO guidance on data protection in the event of a no-deal Brexit
- A customs guide for businesses from the European Commission
- Guidance from French customs authorities for UK businesses in the event of a no-deal Brexit
- A guide to what grants you can apply for to get funding for training and IT improvements if your business completes customs declarations
Various trade bodies have also prepared Brexit guidance specific to their sectors:
- The Manufacturers’ organisation, EEF
- The Freight Transport Association
- Life Sciences and Health signposts a number of trade bodies associated with the UK life sciences, many of which have their own Brexit resources
- The Civil Society Involvement project has prepared an article about how the Third Sector can be preparing for a “no-deal” Brexit scenario
For businesses concerned about what tariffs they may be charged in the future for importing goods involved in their processes, or, alternatively, what tariffs their competitors will be charged for bringing goods into the UK, the following tariff guidance has been published.
These are the tariffs that are expected to be levied by the UK at the point of exit from the EU (or at the end of any transition period) unless a trade deal is agreed with the EU.
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Get in touch
We have a team of business brokers who can help answer your queries about preparing your business for Brexit. Please use the contact form below to get in touch.
Liverpool Growth Hub is not responsible for the content or accuracy of linked third party websites. Nor do we endorse any views or products you may find on these websites.