Brexit. While it was named ‘word of the year’ by Collins Dictionary back in 2016, for many eCommerce businesses, it is still just as confusing as ever.
In fact, according to research by the British Chambers of Commerce, less than half of UK international traders have applied for the required EORI number, while only 39% have checked to see whether they need to complete customs declarations for their goods.
In defence of eCommerce businesses, 2020 has been a far from usual year. The COVID-19 breakout has thrown many of the rulebooks out of the window. While Brexit was once the headline of every newspaper, it was put on the backburner as the world dealt with more pressing issues.
But, the big day isn’t going anywhere!
All businesses - eCommerce and otherwise - need to prepare now for the changes Brexit will be bringing our way next year...