Small to medium sized businesses can now apply for grants of up to £2,000 from HMRC’s new £20 million SME Brexit Support Fund. The financial support is intended to help smaller businesses adapt to new customs and tax rules when trading with the EU. Katherine Green and...
A number of brokers and intermediaries who have placed cover for clients’ assets in other EU or EEA countries have recently received requests from insurers to sign new TOBAs. The theory is that having the broker sign an updated TOBA will enable them and the current...
The EU Commission has reminded firms of the urgent need to complete all contingency planning ahead of the end of the Brexit Transitional Period on 31 December, drawing their attention to documents first published in July 2020. The Commission’s guidance for financial...
The FCA has issued a press release reminding firms to be ready for end of the transition period. With less than a month to go until the transition period expires at 11pm on 31 December, the regulator has joined HMG in urging firms to be ready – without being...
With just days left for UK negotiators to secure a trade deal with the EU before the transition period ends on 31 December, our industry has little choice but to work on the assumption that there will be no deal – or, at best, a very thin deal. Most brokers have...
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