With the political situation somewhat uncertain, FSPA members are advised to turn their attention to preparations for the United Kingdom leaving the EU with no deal. This document will focus on what businesses should consider when developing a contingency plan in order to have the best change of continuing to trade with customers in the EU after Brexit.
Currently goods can travel freely between the UK and EU member states, so in theory it is as easy to ship goods from London to Paris as it is from London to Manchester. If there is a no-deal Brexit, this is likely to change and there will undoubtedly be significant amounts of friction at the border which FSPA members will need to factor in to their operations.
If a business already trades with non-EU member states, it should have a solid foundation on which to begin its preparations for importing and exporting to the EU. If a business does not, it will need to ensure that it has the appropriate registrations in place.
In order for any business to import or export, it should register for an EORI number (Economic Operator Registration and Identification number). Without this registration, it is very difficult for an importer to recover import VAT, and difficult to zero-rate goods for export, meaning that VAT could be unnecessarily be incurred, making products uncompetitive.
Members should be aware that their products may in the future be subject duty on goods imported from the EU. Whilst it is not possible to say what duty rates the UK will choose to apply in the event of a no deal Brexit, the working assumption is that the UK will charge the current EU duty rates. Traders should look to identify what these rates will be and be prepared to account for the corresponding amount of import duty. The business must decide whether it is prepared to absorb the extra duty cost, or to pass the cost of the duty on to its customers. Conversely, UK goods may also be subject to import duties into the EU, and the duty rates will be the same as the EU applies to third-country trade in the event of no-deal.
Goods will undoubtedly have to meet product standards as they do now, and we are in the position of knowing what those standards will be for goods destined for the EU market. However, we do not know what standards the UK will apply. EU safety standards are expected to remain the same, but UK safety certification may no longer be acceptable after Brexit, so consideration should be given to how businesses will continue to certify that products meet EU standards, and this may mean partnering with an EU certification agency where required.
Importers and exporters should ensure that the following points are considered.
Importers should ensure that the following points are considered.
Exporters should ensure that the following points are considered.
It’s great to be part of an organisation that campaigns for investment in children’s play facilities and which raises the standards of the entire industry.
Having the support of the FSPA behind us is tremendously beneficial and greatly enhances the offering to our membership.
I have been a member of SPE for many years now and every member shows a 100% commitment to promote participation in sport and play in the UK.
It’s sometimes difficult to get heard when you stand on your own. But when you're part of a respected body like the FSPA, people listen and things start to happen.
The opportunity to meet with like-minded people across our sector to discuss some of the challenges is always invaluable.
Working together as a group of companies creates a stronger voice for the play industry, which benefits both suppliers and customers.