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MIN 654 (M) Engineering and Electro-technical Officer Oral Exam Syllabus

How Brexit will impact the spirits sector

How Brexit will impact the spirits sector 12th February, 2021 by Nicola Carruthers Despite the relief of the UK leaving the EU with a trade deal, spirits companies have been plunged into more uncertainty, facing problems concerning exporting, labelling and possible cost increases. The UK moved out of the European Union in 2020 Since the UK left the European Union (EU) on 31 January 2020, the priority for spirits producers and trade groups has been the establishment of a free‐trade deal before the end of the transition period. Since the UK voted to leave the EU, the spirits sector has repeatedly called for clarity about how businesses would operate outside of the customs union and single market.

BUSINESS BRIEFING: What the Rules of Origin mean for business, post-Brexit

WITH the UK now outside of the European Union, there are new rules and regulations when trading with the EU. One of these is that companies must follow rules of origin and make the correct declarations and have proof of preferential origin in place. With reports stating that this is causing confusion for businesses, we want to outline the rules for firms as simply as possible. As part of the customs union previously, UK businesses could trade with the EU tariff-free without the need for customs declarations or preferential origin documents (such as EUR1’s) or Non-Preferential Origin documents (Certificates of origin).

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