On February 1, 2020, Brexit became a fact. Last year was still a transition period, but now, starting January 1 2021, the Brexit rules – as agreed in the agreement – ​​come into effect. Gradually the impact the separation from the UK of companies and entrepreneurs in our country is becoming increasingly clear.

With a total export value of almost €40 billion, the United Kingdom (namely England, Scotland, Wales and Northern Ireland) is among the Netherlands’ top 5 most important trading partners. Therefore, the implementation of Brexit will have an impact on companies that trade with the UK in various fields, both in terms of imports and exports of goods and services.

To help entrepreneurs understand the impact of Brexit on them personally, experts from Baker Tilly and MHA MacIntyre Hudson (Baker Tilly’s UK network partner) have hosted several Brexit webinars, examining in detail what changes will occur and how to respond to them.

One of the recent webinars discussed the circumstances when Brexit became a fact after 2 months:

• Origin of goods – why is it relevant, what are the constraints, but also how does it work based on examples?
• Brexit deal – what will it actually mean for trade?
• Customs – what information and documentation is required to export and import goods?
• Exports from and imports to the EU – what are the concerns regarding VAT and customs duties?
• E-commerce changes in the EU from 1 July 2021
• Northern Ireland – what are the latest developments in goods trade?
• The Future – what strategies could be pursued in the future by establishing an entity in the EU?

In a webinar earlier this year, on 6 January 2021, the most important outcomes of the Brexit deal were discussed:

• Results of Brexit negotiations
• What are the consequences for customs duties and import and export procedures?
• The importance of the origin of goods
• Conditions and developments regarding Northern Ireland
• Implications of VAT from an EU and UK perspective

For more information about webinars, see location by Baker Tilly.