The UK Government has published a series of technical notices on preparation for a ‘no deal’ Brexit.
One of the notices deals specifically with trading with the EU and provides some information intended to enable businesses to consider how they would be affected by a ‘no deal’ scenario. This would occur if there were to be no withdrawal agreement and no transition (implementation) phase. The underlying message is that whilst ‘no deal’ is unlikely, businesses should undertake contingency planning.Information is provided on importing and exporting, including customs controls and VAT.
This scenario assumes there to be no mutual recognition of equivalence of product standards or testing, e.g. by notified bodies. Contingency planning should consider that the UK would be treated as a ‘third country’. This may impact product conformity and documentation requirements.