Are You Ready for the End of the Transition Period?

The government recently launched a campaign called ‘The UK’s new start: let’s get going’. This is designed to help businesses and individuals prepare for the end of the transition period on 31st December 2020, at which point the UK leaves the single market and will no longer be bound to EU rules.

 

How this may affect you

Helping everyone to understand the changes that this brings, the campaign informs us of specific actions in order to prepare for the new system. For instance, you can still travel to the EU during the transition period, but from 1st January 2021 there will be new rules applied.

Whether you’re travelling for business or pleasure, you need to check whether your passport needs renewing, take out suitable travel insurance that covers healthcare, and ensure that you have the correct driving documentation.

 

Check, Change, Go

If you haven’t already, you can expect to see the “Check, Change, Go” slogan popping up all over the place. The campaign is being delivered through multiple communication formats, including adverts on the TV and radio, printed literature, digital resources, external advertising, text messages and webinars.

For businesses that would like to discuss the transition and what it means to the movement of goods, a team has been put in place to answer questions and offer one-to-one support over the phone.

 

Staying in the UK

When it comes to individuals who have moved to the UK from the EU, you must check to see if registering to the settlement scheme is required. This applies if you or your family are from the EU, Switzerland, Norway, Iceland or Liechtenstein.

 

Working in the EU

If your job involves you working in the EU, you may need to register for residency. This depends on the nature of your role and also the specific country or countries you’re based in. Other actions required are checking that your insurance, healthcare and driving license will still be valid from 1st January 2021.

 

Import and export

Many companies import and export goods on a regular basis. If this applies to your business, the processes involved are definitely changing. Thorough research into the new regulations is crucial, as they could affect your tax, duty and VAT rates, as well as the levels of administration associated with transporting goods to and from the EU.

 

Find out more

Further information about what you need to do as an individual and a business can be found on the government’s UK Transition page. Whilst the transition period still has a few months to go before it ends, we strongly recommend that you familiarise yourself with the new system as soon as possible.

Our recruitment specialists are also on hand to offer expert guidance. It you’d like to have a chat about how the end of the transition period may affect your onboarding process, please call your closest branch or get in touch through our contact form.  

Posted: Tue 11 Aug 2020
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