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Brexit Bites For Small Businesses: Reality Hits As Retailers Grapple With New Rules

January 11, 2021

Via: Forbes

The Brexit transition period has officially ended and many small businesses, particularly e-commerce businesses and other retailers, are facing the reality of new regulations. Many are having to navigate through complex new requirements around tax and customs charges that have left them baffled.

The high degree of uncertainty around the details of the Brexit deal has led to many businesses getting information on the new regulations very recently. Not only that, but the timing of Brexit – coinciding with a national lockdown and directly after the busy Christmas selling season, has added to the challenges that small businesses are currently facing.

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