See resources and guidance to support preparation for a no-deal Brexit below.
The UK is scheduled to leave the European Union by 31 October 2019. While it is hoped that a withdrawal agreement will be in place, planning for a no-deal scenario is a pragmatic step.
Establishing your response
By now, many firms will have established a response to Brexit. A response may include the following elements:
- Establish a ‘Brexit team’, with main areas of practice represented.
- Examine clients to see who is likely most exposed (cross border activity, by sector, etc), and communicate accordingly.
- Meet regularly to consider developments, relevant publications and guidances.
- Distill developments into ongoing advices to clients.
- Develop, and maintain, a Brexit section on the firm website.
- Create a regular communication or events / seminars for clients on relevant developments and practice services (perhapsin partnership with others).
- Consider additional training and education to respond to client needs.
- Contribute to the issue – the PR value of contributing at a local and national level to industry journals, newspapers, radio and television should not be ignored.
Irish Government no-deal planning
A wide number of agencies and bodies listed in out ‘useful Brexit links’ are likely to have dedicated no-deal sections within their Brexit information. Key information on the Government’s no-deal preparations is available below:
Up-skilling on customs and tariffs
In the absence of a transitional agreement, the issue of customs and tariffs applying to trade between the territories has become more central.
- Clear Customs Training and Financial Aid: A new government initiative Clear Customs has launched to help boost customs capacity post-Brexit. The free training will be delivered by CILT Skillnet in several locations nationwide. Your clients involved in cross border trade can register their interest, and apply for funding through the Skillnet Ireland website.
- Enterprise Ireland provides a free online customs course, and useful insights to businesses whose supply chain or markets cross borders.
- Local Enterprise Offices are running workshops on navigating customs and tariffs, providing businesses with a better understanding of the potential impacts, formalities and procedures to be adopted when trading with a country which is outside the Single Market and Custom Unions. These workshops will cover areas such as what export and import procedures apply, how tarriffs work and how to correctly classify goods.
- Revenue’s Brexit-section includes vital information for your clients on obtaining EORI numbers, payments of duty and more, along with videos detailing the future customs procedure,
Certification and regulatory compliance in a no-deal scenario
In addition to customs and possible tariffs, clients in certain sectors will have to consider any regulatory compliance and alignment issues. A useful overview has been prepared by the Department of Business, Enterprise and Innovation.
Brexit advices by selected regulators and agencies are detailed below:
State supports and Brexit advisory for your clients
Enterprise Ireland has been running a number of Brexit Advisory Clinics across the country offering information and practical support to companies.
Local Enterprise Offices nationwide are running a Brexit Mentor Programme to support business owner / managers to identify key Brexit exposures and develop robust strategies to address issues and maximise potential opportunities.
Currently, three voucher schemes represent opportunities for firms to work with their clients in responding to challenges and prospects ahead.
Clear Customs Financial Aid
In addition to the free Clear Customs training, eligible businesses can register an expression of interest for a Clear Customs Financial Support payment of up to €6,000 per employee that completes the training programme, *up to maximum of 10 employees per company. The package includes:
- Free training programme
- 5-7 days of instructor-led training
- Delivered at locations nationwide
- Training provided via the Chartered Institute of Logistics and Transport (CILT) Skillnet
Eligible clients are urged to register through the Skillnet Ireland website.
Intertrade Ireland: ‘Start to Plan Vouchers’
As part of its Brexit Advisory Service, Intertrade Ireland provides 100% financial support up to £2000/€2000 (inclusive of VAT) towards professional advice in relation to Brexit matters.
The ‘Start to Plan Vouchers’ for professional services can apply to legal, tax, customs, supply chain and other cross border requirements. Qualifying criteria for businesses include:
- The company must be a registered small business (250 employees or less)and either an annual turnover of less than €50m or Balance Sheet total of under £43m.
- The assistance requested must relate to a cross-border issue.
- It must be a manufacturing or internationally tradable service companies.
For more information, see the InterTrade Ireland website.
Firms looking to join the panel of advisors are advised to contact 028 3083 4122 (048 from Ireland) or firstname.lastname@example.org.
Enterprise Ireland: Be Prepared Grant
The Be Prepared Grant offers up to €5,000 to assist in the cost of developing a strategic response to Brexit.
It is intended to provide support to clients to use external resources to undertake a short assignment to determine how the company could respond to the threats and opportunities of Brexit. The grant can be used to cover consultant’s fees, travel and expenses for both domestic and international employee travel. The support might involve:
- Researching opportunities in new markets.
- Investing in innovation to differentiate and stay ahead of the competition.
- Reviewing and optimising sourcing, transport and logistic arrangements.
- Strengthening financial and currency management.
- Preparing a worst case scenario plan.
- Understanding customs procedures with third countries.
The business must be an Enterprise Ireland client who is directly or indirectly exposed to the UK market. For more details, see the Enterprise Ireland Brexit site.
For additional supports and guidance, see Getting Brexit Ready.
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