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Useful Preparation Hints for Brexit

Brexit is currently expected to happen on 1st January 2021. This will have lots of implications and difficulties for businesses, especially those doing trade with the UK.The following points are useful information for preparing your business for Brexit: Cashflow: Have you assessed the cashflow implications of having to pay import duties (Customs duty, VAT and Excise) in respect of goods imported from the UK?Supply Chain: You need to know where your goods originate (goods that come from