PEM News

Brexit update

In the midst of the turbulence in Parliament, this morning the Government has released initial trade tariff information which would apply to imports from overseas in the event of a No Deal Brexit.

There would be changes to imports from the EU and the rest of the world.  In advance of a No Deal Brexit, businesses will need to check the tariff code of goods they both import and export, and also necessary new customs procedures between the EU and the UK.  However, as Parliament votes today on whether to rule out a No Deal Brexit detailed analysis of the new measures and how they would affect our clients seems premature as once more business waits while Parliament votes.