Businesses urged to ‘Get Ready for Brexit’

The new ‘Get Ready for Brexit’ campaign has now launched.

Businesses are now being urged to find out how Brexit will affect them and how to prepare by visiting the Government website.

HM Revenue and Customs (HMRC) is stepping up efforts to ensure businesses are ready to trade post-Brexit by automatically enrolling companies in an important customs system and doubling the numbers registered, the Chancellor announced in August.

More than 88,000 VAT registered companies across the UK have been allocated an Economic Operator Registration and Identification (EORI) number in order to keep trading with customers and suppliers in the EU after the UK has left.

72,000 companies have already registered for EORI numbers. With Brexit preparations accelerated under the new government, ministers are taking decisive action to speed up the rollout of the scheme to help ensure the smooth transit of goods.

EORI numbers are a unique ID number allocated to businesses that enables them to be identified by Customs authorities when doing business with other traders. If businesses do not have an EORI number post-Brexit, they will be unable to continue to trade with EU Member States.

For businesses that are not VAT-registered, they will still need to register for an EORI number. Getting an EORI number is an easy process that takes 5-10 minutes. Get started by visiting the website here.

Letters informing businesses of automatically allocated EORI numbers will continue arriving as the Government steps up efforts to ensure the UK is ready for Brexit.

Chancellor of the Exchequer and Member of Parliament for Bromsgrove, Sajid Javid said:”As the government accelerates its preparation to leave the EU on 31st October, it’s right businesses are prepared too. There can be no time for delay which is why HMRC has allocated thousands of businesses with a trading number to ensure they can continue to trade their goods through Europe from day one. This will help ease the flow of goods at border points and support businesses to trade and grow.”

The Chancellor has been determined to grip Brexit preparations, allocating an extra £2.1 billion for government departments last month to prepare for no deal, doubling Brexit funding for this year.

As part of the cash injection, border and customs operations will receive an additional £344m to be ready for Brexit, including by hiring more border officers, doubling the support available for customs agents, and improving transport infrastructure around ports.

To find out what your business needs to do to get ready for 31 October, visit the Government website.