Small businesses relieved at transition breakthrough
Negotiations between the EU and UK have now been completed and a deal has been signed Read our press release. The Government have produced a 'summary explainer' to the international treaty with a high level overview of the changes View the summary
The UK left EU single market, customs union and VAT area on 31 December, and from 1 January 2021 the provisions of the UK-EU Trade and Co-operation Agreement (TCA) now apply to trade between the UK and the EU. New rules now apply in areas including trade in goods and services, immigration, and travel.
Under the terms of the Northern Ireland Protocol, Northern Ireland will continue to follow EU single market rules for goods and agriculture, and will continue to apply rules of the EU’s Union Customs Code, this will mean some changes to trade between Great Britain and Northern Ireland.
We will continue to update our Transition Hub to provide information and guidance on the new trading arrangements to help small businesses adapt. We will also continue to signpost you to other practical information to keep you informed and up to date.
What action can I take now?
The UK has left the transition period. Check the new rules and take action now with our links below.
Get your Imports and Exports in order
If you are a UK based business who imports from, or exports to, the EU new procedures and additional paperwork is now required. Find out more using the options below.
How to safeguard your small business by mitigating FX and currency volatility with local currency accounts and risk management strategies.
The UK government’s Border Operating Model (BOM) is the plan detailing the processes and systems, across all government departments, that will be used at the borders of Great Britain from 1 January 2021.
We speak to two FSB members about the changes they are making now ahead of January 2021
Living and working in the UK after the transition period
After 31 December 2020 EU citizens and their family members (including non-EU citizens) need to apply to the EU Settlement Scheme to continue to live, work and study in the UK. The way you hire from the EU is also changing to a points based immigration scheme. Find out what that means for you and your employees through the links below.
The Frontier Worker Permit Scheme
The Home Office has launched the new frontier worker permit scheme. This means frontier workers working in the UK on or before 31 December 2020 can now apply for a frontier worker permit.
If you’re employing from outside the UK, learn the steps you need to take to ensure your applicants have the right to work in the UK under new immigration rules.
From 1 July 2021, a new frontier worker permit is required by those who work in the UK but live abroad. Find out who might need a permit and how to apply with our guide.
FSB members can access free resources and discounted legal support through their FSB membership.
What happens to data security after 31 December 2020 and what can you do to prepare?
From green cards to the impact on general insurance, find out what action you can take now to prepare your business’ insurance.
Download your free guide to learn about and how to access finance for trade, importing and exporting goods.
How can FSB membership help?
Take control of your debt with the tools and support you need to get paid. Download free guides, customise template letters and get advice 24/7 from debt recovery specialists.
FSB members can access free resources and legal support at special discounted rates through market leading immigration specialists to provide all the support you need to retain your existing workforce and to recruit the right people with right skills to grow your business.
From employer’s liability insurance to insuring your exports, our experts at FSB Insurance Service ensure you’ve got the right cover for your business as well as being on hand to answer your questions via their insurance advice line.