BREXIT – Issues for Irish SME’s ahead of 1st January 2021

After 4 years of intense debate around the issue of BREXIT, we are now less than 21 days (and counting) to the end of the UK’s ‘transition period’ on 1^st January 2021 !

Although uncertainty remains as the talks around the trade deal between the EU and the UK appear to be heading towards ‘NO Deal’, there is much that IS certain:

• there will be new trade borders and Custom requirements
• businesses will be facing additional costs, resource requirements and cashflow impacts
• trade will continue to flow between the EU and the UK

Therefore Irish businesses should, and need, to be preparing for the impacts of BREXIT NOW (if not already), so see below for our view on the next few weeks to 1^st January 2021.

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