With less than 100 days to go before the March deadline to leave the EU, the Government has written to more than 140,000 businesses, urging them to put plans in place for a potential 'no deal' Brexit. You can read the letter here. Should this happen, the free circulation of goods between the UK and EU would cease.
The UK will continue to be a member of both the World Trade Organization (WTO) and World Customs Organization (WCO) and will remain bound by international obligations that govern international trade in goods.
Businesses would have to apply the same customs and excise rules to goods moving between the UK and the EU as currently apply in cases where goods move between the UK and the rest of the world.
The information below is aimed at supporting businesses in the coming weeks and months, and contains tools, advice and links to specialist guidance to help companies prepare. You can also use the Government's online tool which will take you step by step through what you need to do in advance of 29th March 2019.
A number of guides are available to help businesses prepare for the UK's exit from the EU.
The Government has published new assets to support businesses and individuals in preparing for EU Exit. The "Preparing for EU Exit" website is the central site for guidance aimed at businesses and individuals, and can be accessed here
Institute of Chartered Accountants (ICAEW) guide to Brexit, including helpful information on supply chain mapping