One of the important changes is Rules of Origin. Rules of Origin concerns where a product was manufactured and determines the ‘economic nationality’ of a good for international trade. Businesses need to know about them because the Trade and Cooperation Agreement means they can trade with the EU without paying tariffs – but only if their product meets the relevant Rules of Origin.
To export tariff-free into the EU traders must check their goods meet the Rules of Origin requirements set out in the Trade and Cooperation Agreement and have the right documentation. To confirm the requirements for your goods and to find out more about the support available, you should:
- Check for details on how to claim preferential (zero) tariffs, and see the documentation you’ll need to complete.
- Read the full guidance on meeting Rules of Origin when trading with the EU.
- Check the TCA legal text to see which rules apply to your goods (Chapter 2 as well as Annexes ORIG-1 to ORIG-4 will be most useful).
Rules of Origin is one of the topics explained in the new on demand videos which focus on priority topics for businesses. You can also use the Brexit Checker tool on gov.uk/transition, which will provide you with a personalised list of the most up to date actions that your business needs to take.
Information provided by Secretary of State for Business, Energy & Industrial Strategy
You can find our Brexit Toolkit for small business here: http://www.sapphirebusinessservices.co.uk/wp/brexit/