WITH less than 100 days until the end of the transition period, the Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD is urging businesses to be ready for the inevitable changes that Brexit will mean for their operations at the end of this year.
From January 1, 2021, the UK will no longer be in the Single Market or Customs Union which means how we trade with them will be starkly different. Even if a Free Trade Agreement is concluded between the EU and UK, there will be significant and enduring change.
One of the areas where businesses will experience enormous change is customs. Calling on businesses to take action now, the Tánaiste said: “from the start of next year, customs declarations will need to be completed if businesses intend to continue trading with the UK, whether that is importing or exporting goods to the UK or using the UK as a landbridge to move their goods to or from mainland Europe.
“We are now less than 100 days away from the end of the transition period. I ask all businesses regardless of their size, small, medium or large to focus on their Brexit readiness as things will simply not be the same. Being prepared for customs formalities is critical and the Government is here to help,” the Tánaiste added.
The Government has made available a grant up to €9,000 per employee taken on or redeployed to enable businesses build their capacity to manage any customs changes through one of the agencies of my Department, Enterprise Ireland. Practical customs training is also available through Enterprise Ireland, Local Enterprise Offices and Skillnet Ireland.
Minister of State for Business, Employment and Retail Damien English said that businesses buying or selling into the UK should look at their supply chain and determine if there are any vulnerabilities due to Brexit.
“Get in touch with your suppliers, service providers and logistic companies, or wholesalers and distributors to seek assurances on the continuity of supply.
Consider seeking alternative suppliers either in the domestic market or further afield if you have concerns about the continued supply of products or goods,” Minister English said.