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EU Exit Updates

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Full report now available: Brexit Analysis and Implications on the Cycle Trade 

As your trade organisation we have consulted third parties to create a report on how the Trade and Cooperation Agreement affects the ecommerce and multi-channel retailers when either importing bikes (conventional or e-bikes) as well as parts and accessories between UK and EU countries. 

The report is available to all ACT members, this means a silver membership and above. To view the full report please login to your ACT account and then click the link at the bottom of this page

If you are not a member and would like to view the report, membership starts from as low as £60 per year (the equivalent of £5 p.m.) and offers countless benefits. Find out more here.

 

The ACT will be providing regular updates on the EU exit.

Watch this space for the latest information and advice tailored for retail businesses operating in the cycle sector. The ACT have been working with partner members of the Independent Retailers Confederation (IRC) to bring you the most up to date retail focussed advice.

 


UK agrees historic trade deal with Australia 

Published 17th June 

The UK has secured a trade deal with Australia eliminating tariffs on all UK goods and boosting jobs and businesses across the country, in the first major trade deal negotiated from scratch by the Government since we left the EU.

The main elements of the deal were agreed by Prime Minister Boris Johnson and Australian Prime Minister Scott Morrison at a meeting in Downing Street on Monday 14 June. A final Agreement in Principle will be published in the coming days.

The new Free Trade Agreement means iconic British products like cars, Scotch whisky, biscuits and ceramics will be cheaper to sell into Australia, boosting UK industries that employ 3.5 million people across the country. The UK-Australia trade relationship was worth £13.9 billion last year and is set to grow under the deal, creating opportunities for businesses and producers in every part of the UK.

British farmers will be protected by a cap on tariff-free imports for 15 years, using tariff rate quotas and other safeguards. We are also supporting agricultural producers to increase their exports overseas, including to new markets in the Indo-Pacific.

 


Agrifood rules move 'could make NI Protocol work' 

Published 17th June 

The UK's Brexit minister has suggested the EU could change its agrifood rules if it wants the NI Protocol to work.

The protocol means food products must be checked and controlled as they enter Northern Ireland from Great Britain.

Lord Frost said those checks were a political position by the EU and did not depict "some existential reality about the world".

 

He negotiated the protocol in 2019, but said it is not being implemented as he intended.

The protocol avoids a hard border on the island of Ireland by keeping Northern Ireland in the EU single market for goods.

That means products are checked and controlled as they arrive from Great Britain.

The EU has strict rules on food products entering the single market, so these are subject to the most intense checks.

 


Sausages from GB could soon be banned from entering NI

Published 10th June 

Sausages, burgers and other chilled meats is a section of the Brexit deal called the Northern Ireland Protocol, which the UK and the EU signed up to.

Because of Brexit, Great Britain (England, Scotland and Wales) no longer follows EU rules. However, Northern Ireland does - because it shares a land border with the Republic of Ireland, an EU member.

Sausages come into this because EU food safety rules don't allow chilled meat products to enter its market from non-members - like the UK.

However, a six-month grace period has been in place since January where the rules don't apply.

And, under the terms of the protocol, this runs out at the end of June.

Talks on what happens next, as well as on other aspects of the protocol, will be held between the UK and EU on Wednesday 9 June.

UK Environment Secretary George Eustice told the BBC the EU needed to explain why sausage sales to Northern Ireland should stop.

 


G7 summit: Biden to warn PM not to risk NI peace over Brexit

Published 10th June 

US President Joe Biden will later tell PM Boris Johnson not to let the row over post-Brexit trading in Northern Ireland affect the peace process.

The two leaders will have their first face-to-face talks in Cornwall at 15:00 BST on the eve of the G7 summit.

Mr Biden will stress the need to "stand behind" the Northern Ireland protocol.

They will also discuss transatlantic travel and a new "Atlantic Charter" aimed at refreshing the relationship between the UK and US.

 


New EU VAT rules for low value shipments now apply

Published 3rd June 

As of Tuesday (1st June) the new EU VAT rules apply for shipments into the EU of declared value up to 150 EUR - affecting both B2B and B2C sales from the UK. For affected shipments import VAT will need to be charged at point of sale, and a new imports one-stop shop will be in place (so sellers only need to register once for all EU sales).

There will also no longer be a VAT exemption for shipments valued up to 22 EUR.

These changes largely mirror the changes which the UK has already made to its import VAT arrangements at the start of this year.

UPS have provided a helpful guide here.

 


Brexit checker reminder

Published 3rd June

Doing business with Europe has changed. You need to follow new rules on exports, imports, tariffs, data and hiring. 

Use the Brexit checker to get a personalised list of actions for you, your business and your family.

 

EU Exit Updates - May 2021

EU Exit Updates - April 2021

EU Exit Updates - March 2021

EU Exit Updates - February 2021

EU Exit Updates - January 2021

EU Exit Updates - December

EU Exit Updates - November

EU Exit Updates - September/ October