UK Relations with EU

(asked on 16th November 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what contingency plans he has with respect to the UK's future relationship with the EU in the event of a UK-based companies experiencing tax and trading difficulties after the transition period.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 24th November 2020

The Government has provided extensive guidance to traders to support them in their preparations for the end of the transition period, including publishing the detailed Border Operating Model to help traders take the necessary steps.

The Government continues to work closely with industry to ensure they are engaging with the new requirements and can take the necessary steps to prepare, including through the latest public information campaign, cross-Government industry steering groups, webinars and events.

The Government will continue to engage with industry beyond the end of transition period to understand any concerns and identify any further support required.

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