1st January 2021 will see new trading terms take effect in relation to Brexit. Here at Yodel, we will keep you updated and work with you to ensure you are Brexit-ready.
In December 2019, the UK Government voted in agreement for a new Brexit deal, which meant that the 31st January 2020 saw the UK leave the EU, and also the beginning of the transition period as stated in the Withdrawal Agreement.
This transition period lasts until the 31st December 2020, which will allow both the UK and the EU to arrange a suitable trade deal that would come into effect on the 1st January 2021, if a deal can not be reached or agreed upon, the World Trade Organisation will rule.
Although the deadline is the 1st January 2021, Yodel is working to a pre-peak deadline of the 2nd November 2020 to ensure all clients are Brexit-ready moving into our busiest time. We are working thoroughly to ensure everything is in place our end, and that we and our clients are prepared whatever the outcome.
There are three likely changes whether there is or is not a deal, but to differing degrees. Information on these changes and what you need to know to prepare and be compliant for Brexit, is outlined in our Brexit guide.
At Yodel, we are firmly in the transition phase, initiating Brexit-ready preparations with our clients before the 31st December 2020 deadline. We are working closely with the relevant government departments to understand any changes as they happen, so we can react and communicate to our clients. At this point, we are working towards the same requirements as set out in our latest Brexit Guide, please continue to work towards these instructions.