With just 76 days to go until the end of the transition period, the Business Secretary is calling on companies to take action before the UK’s new start on 1st January 2121.
Business Secretary Alok Sharma has written a letter to over 600,000 firms across the UK, asking them to familiarise themselves with the actions they will need to take.
When the transition period ends on 31st December 2020, there will be a guaranteed set of changes and opportunities for which businesses need to prepare for as the UK leaves the customs union and single market; including changes to the way businesses import and export goods, the process for hiring people from the EU, and the way businesses provide services in EU markets.
Business Secretary Alok Sharma, commented, “Businesses must act now to ensure they are ready for the UK’s new start come January. There will be no extension to the transition period, so there is no time to waste.
“I urge all businesses across the country to check gov.uk to see what action they need to take, sign up for updates, or attend one of our sector-specific webinars.
“Businesses have a crucial role to play in ensuring a smooth transition, and we will be there to support them through this change every step of the way.”
The government will also be hosting a series of sector-specific webinars throughout October to remind them of the changes they will need to make.
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