Brexit impact on industry sectors

How to collaborate across departments has long been a conundrum for large organisations. But when that organisation is central government, there is a huge price to pay for failing to be coordinated across departments.

ICAEW is calling on the government to add much-needed meat on the bones of its post-Brexit freeport strategy, following concerns of a lack of clarity about how freeport areas will work in practice.

At one point, Brexit negotiations appeared to be all about fishing. For one crabbing company in south-west England, the upshot has been much more complicated than they would have hoped.

The UK government admits that post-Brexit trade deals include clauses that could prevent companies benefitting from freeport tax breaks, affecting business worth up to £35bn annually.

Following the UK’s exit from the EU, ICAEW’s John Mongelard looks at the future regulatory framework for the UK and the risks ahead.

8 January 2021: As an employer or an employee, it is worth understanding how certain provisions on mobility in the new EU-UK Trade Cooperation Agreement will affect business activities.

24 November: Highlights from the broader tax news this week includes: HMRC begins checks on 'Eat Out' scheme payments, no clarity on Budget date, government guidance for staff dealing with social security applications post-Brexit and gender pay gap reporting when employees have been furloughed.

16 November 2020: The Chancellor has set out the government’s plans to make the UK a world-leader in green finance and financial technology.

Policy paper setting out the Government's vision for number of sectors post-Brexit and how it plans to achieve these. Includes: Financial services; Professional business services; Legal services; Automotive; Aerospace; Retail and consumer goods; Hospitality; Food and drink; Culture; Aviation; Space; Rail; Roads; Maritime; Nuclear; Construction; Farming; Fisheries.

Step by step webinars which focus on the process for moving goods between the EU and Great Britain in multiple languages. The videos cover the movement of meat, alcohol, fruit, dairy, composite products and fish. The videos cover movements from Belgium, France, Germany, Italy, the Netherlands, Poland, Portugal and Spain.

Article by PwC on changes from 1 January 2022 whereby food importers will require pre-notification on import declarations for products of animal origin, animal by-products and high risk food not of an animal origin. Outlines the new requirements and what food importers should do to prepare.

Policy paper setting out the Government's vision for number of sectors post-Brexit and how it plans to achieve these. Includes: Financial services; Professional business services; Legal services; Automotive; Aerospace; Retail and consumer goods; Hospitality; Food and drink; Culture; Aviation; Space; Rail; Roads; Maritime; Nuclear; Construction; Farming; Fisheries.

Series of webinars from BEIS, scheduled to be held in early 2022, providing information on the new UK conformity assessment marking (UKCA) and placing goods on the market in Great Britain and Northern Ireland.

Step by step webinars which focus on the process for moving goods between the EU and Great Britain in multiple languages. The videos cover the movement of meat, alcohol, fruit, dairy, composite products and fish. The videos cover movements from Belgium, France, Germany, Italy, the Netherlands, Poland, Portugal and Spain.

Policy paper setting out the Government's vision for number of sectors post-Brexit and how it plans to achieve these. Includes: Financial services; Professional business services; Legal services; Automotive; Aerospace; Retail and consumer goods; Hospitality; Food and drink; Culture; Aviation; Space; Rail; Roads; Maritime; Nuclear; Construction; Farming; Fisheries.

Checklist from the Department for Digital, Culture, Media & Sport for fashion professionals working, performing or touring in Europe. Includes: important checks; visa/work permits; transporting samples, examples and finished goods; transporting commercial goods; haulage; social security and income tax.

Results of a survey by think tank Fashion Roundtable of industry leaders in January and February 2021. Provides data and insights into the impact of the UK-EU trade deal on the UK fashion and textiles industry.

Policy paper setting out the Government's vision for number of sectors post-Brexit and how it plans to achieve these. Includes: Financial services; Professional business services; Legal services; Automotive; Aerospace; Retail and consumer goods; Hospitality; Food and drink; Culture; Aviation; Space; Rail; Roads; Maritime; Nuclear; Construction; Farming; Fisheries.

Analysis from the ONS of UK trade in services in the context of the ongoing COVID-19 pandemic and the end of the EU transition period on 31 December 2020. Sectors covered: Government; Personal, cultural and recreational; Other business services; Telecommunications; Intellectual property; Financial; Construction; Travel; Transportation; Maintenance and repair; Manufacturing.

Suite of on-demand short videos from UK government for businesses on importing, exporting, rules of origin, tariffs, providing services to EU markets, Northern Ireland, data handling, hiring staff, and selling goods. Sector-specific videos also cover chemicals regulations, IP, emissions, waste, and Horizon funding.

Analysis from the ONS of UK trade in services in the context of the ongoing COVID-19 pandemic and the end of the EU transition period on 31 December 2020. Sectors covered: Government; Personal, cultural and recreational; Other business services; Telecommunications; Intellectual property; Financial; Construction; Travel; Transportation; Maintenance and repair; Manufacturing.

This 45-minute session with the Institute of Export and International Trade and Bibby Financial Services will update traders on the state of global trade as economies exit Covid-19 lockdowns and the UK adapts to new trade rules with the EU.

Summary of a study from think tank New Financial on the impact of Brexit on the UK banking and finance industry and the emerging post-Brexit landscape of financial centres across the EU. Full report available upon request.

Guidance from the Department for Digital, Culture, Media & Sport for the tourism sector from 1 January 2021. Areas covered include visiting Europe, visiting the UK, employees, data, services, movement of goods and EU funding.

Briefing from UK law firm <a href="https://www.traverssmith.com/">Travers Smith</a> on the issues to be considered for business travel between the UK and the EU27 post transition.

Latest advice from the UK Government on how to prepare for business travel to Europe from 1 January 2021.

Information from the Charity Finance Group on Brexit. Includes articles on what the UK-EU agreement means for charities, how charities should prepare for a post-EU era and opportunities for civil society.

Guide to help third sector organisations in Wales prepare for Brexit. Covers more immediate actions together with medium and longer-term changes to consider.

Guidance from the Department for Digital, Culture, Media & Sport for the civil society sectors, including charities, social enterprises and voluntary organisations, on working with the EU from 1 January 2021.

Letter from the Department of Health and Social Care. Provides industry and the wider supply chain with the latest advice and guidance in relation to contingency preparedness, initially put in place for the end of the Brexit transition period to help ensure the continuity of supply of medical goods into the UK.

House of Lords select committee report on what the EU-UK Trade and Cooperation Agreement (TCA) means for food trade, fisheries, environment and climate change, energy and carbon pricing, chemicals and health.

Suite of on-demand short videos from UK government for businesses on importing, exporting, rules of origin, tariffs, providing services to EU markets, Northern Ireland, data handling, hiring staff, and selling goods. Sector-specific videos also cover chemicals regulations, IP, emissions, waste, and Horizon funding.

Government guidance for businesses explaining five actions they should take now, along with links to detailed sector-specific information. The guide covers the aerospace, automotive, chemicals, construction, consumer goods, electronics and machinery, life sciences, metals and materials, professional and business services, and retail sectors.

Guidance for the life sciences sector on new rules from 1 January 2021. It covers importing and exporting, selling goods, trading with the EU, workforce, providing services, R&amp;D funding, regulations, IP, and the Northern Ireland Protocol.

Policy paper setting out the Government's vision for number of sectors post-Brexit and how it plans to achieve these. Includes: Financial services; Professional business services; Legal services; Automotive; Aerospace; Retail and consumer goods; Hospitality; Food and drink; Culture; Aviation; Space; Rail; Roads; Maritime; Nuclear; Construction; Farming; Fisheries.

Article from law firm Faegre Drinker. Discusses the implications of Brexit on certification processes for aerospace production, design and maintenance-repair-overhaul and the impact on aeronautical companies in the EU and UK.

Suite of on-demand short videos from UK government for businesses on importing, exporting, rules of origin, tariffs, providing services to EU markets, Northern Ireland, data handling, hiring staff, and selling goods. Sector-specific videos also cover chemicals regulations, IP, emissions, waste, and Horizon funding.