Brexit information

The Chamber is aware of the demand from our members, and the wider business community, for impartial and practical advice to prepare them for the UK's exit from the European Union. This page will update with information as soon as we receive it.
No Deal Customs Flyer 18 February 2019
HMRC recently published guidance on how businesses that currently trade with the EU should prepare for the possibility of a no deal Brexit. This flyer explains the guidance in clear and simple steps. Click here to download.

Businesses ‘hung out to dry’ without answers in event of unwanted ‘no deal’ 13 February 2019
Cambridgeshire Chambers of Commerce, in association with the British Chambers of Commerce, has published a list of 20 critical questions that remain unanswered for business in the unwelcome event of the UK leaving the EU without a deal on 29 March.

Read the news article and download the 20 questions by clicking here.

HMRC Transitional Simplified Procedures 11 February 2019
Last week, HRMC wrote to 145,000 UK VAT-registered businesses trading with the EU about the transitional simplified procedures (TSP) for customs, in the event of a no deal scenario.

Please click here to see the note regarding the proposed changes.

BCC: Government must listen to business on tariffs 6 February 2019
Commenting on reports that the Cabinet is considering options around making imports tariff-free across the board if we leave the EU next month without a deal, Adam Marshall, Director General of British Chambers of Commerce (BCC), said:
“Businesses across the UK will be deeply concerned by reports that ministers are considering setting UK import tariffs to zero in the case of no-deal.

“Ministers have not consulted with business on removing tariffs. They have shown no clear understanding of the damage that such a move could cause to key parts of the economy, including manufacturing and agricultural firms across the UK. They have no plan to support the industries, places and people who would be affected overnight by these proposed changes, and no time left to prepare.

“A snap decision to move to zero tariffs speedily and unilaterally would harm domestic producers and exporters, and create a huge new source of extra uncertainty for business communities at an already difficult time. Some UK businesses would lose market share very quickly, and find themselves facing imminent threats to their survival.

“In addition to the real-life impacts of such a move, businesses will also be anxious at the thought of the UK government ceding one of its levers for trade negotiations with other countries, before it even gets started.

“Decisions of this scale and consequence should only be taken after deep engagement with those most likely to be affected, and must take into account the potential long-term impacts on both trade and inward investment. None of this has happened.”

Forthcoming Events

February 21 2019 / 5.00-7.00pm
Informal Networking Evening – Cambridge
February 27 2019 / 5.00-7.00pm
Informal Networking Evening – Fenland
February 27 2019 / 8.30-10.00am
Making Tax Digital Breakfast Seminar
March 6 2019 / 5.00-7.00pm
Informal Networking Evening – Stamford
March 8 2019 9:30AM / 9.30am-1.00pm
International Women's Day - Peterborough
March 11 2019 / 5.00-7.00pm
Informal Networking Evening - Ely