Brexit
The UK formally left the EU on 31st January 2020 but since that date, we have been in a transition period - which is coming to an end on 31st December 2020. In effect, this has meant that – although Brexit has happened – we have not noticed or felt the effects yet.
At the time of writing, no deal has been made for a Trade Agreement between the UK and EU. This may change before the end of December, however, regardless of a deal or no deal scenario, the end of the transition period will mean changes for businesses.
To assist with preparations, the government have created a transition tool to see how your business, (as well as family, and personal circumstances) will be affected.