ABTA tells members to prepare for no-deal Brexit
ABTA has today published information for members to help them plan for a potential no-deal Brexit.
In a message to members, chief executive Mark Tanzer said the purpose of the information was to help them think about the implications a no-deal Brexit might have on their businesses and to consider steps they might take to prepare.
"We do not make specific recommendations in the document, every business is different and you’ll need to assess the impact on your company and decide how to respond," said Tanzer.
"The publication of this information does not mean that ABTA expects a no-deal exit to materialise. ABTA continues to stress the importance of a pragmatic solution in our discussions with the UK government, EU negotiating team and EU Member State representatives, and we will be raising this once again when we meet with officials in Brussels in the coming weeks.
"Similarly, both the UK government and the EU have reiterated that they want to agree a deal, and that is very much their priority. However, both sides have recognised the importance of being prepared in the unlikely event that an agreement is not reached and are publishing guidance to companies and citizens to be prepared for all scenarios."
The document coves a range of topics including VAT arrangements, transport, visas, posting workers abroad and financial protection.
Information is broken down into four categories: your business, your commercial partners, your people and your customers, with a focus on where members could take steps to mitigate the impact.
Topics under each section include exchange rates, TOMS, delays or disruption at ports, employing staff in Europe and EU staff in the UK and UK staff working in the EU.
"It is important to note that this is a live document. It will be updated as and when new information comes to light, for example, there is further guidance still to come from Government on preparing for a no-deal including around flights and coach travel," added Tanzer.
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