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UK Trade with EU

Question for Cabinet Office

UIN HL13621, tabled on 23 February 2021

To ask Her Majesty's Government what assessment they have made of the survey by the British Chamber of Commerce on Brexit, published on 11 February; and what plans they have to allow small businesses to write off additional customs costs as a result of the UK–EU Trade Cooperation Agreement, against their tax bill.

Answered on

9 March 2021

The nature of our new relationship with the EU - outside the Single Market and Customs Union - does mean that there are practical and procedural changes that businesses need to adjust to.

We continue to work closely with sectors across the economy and all parts of the UK to support businesses in adapting to our new trading relationship with the EU and to continue to successfully compete on the global stage. The Government is providing £20 million to support small and medium businesses in adjusting to new customs, rules of origin, and VAT rules when trading with the EU. Ministers across government have been speaking directly to hundreds of businesses large and small across the country, including through the Business Brexit Task Force to develop a shared vision and plan for the future.

Answered by

Cabinet Office