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Brexit Update

Brexit Update - January 2020

After the recent UK election, Brexit has been moving forward and at 11 pm on the 31st January 2020 the UK will leave the EU, however, don’t panic as things will not change overnight.

There is a transition period until the 31st December 2020 where all the current regulations and trade deals will still be in place, so goods and people can move around Europe in the same way that we do today. There will be no sudden tariffs or restrictions on sending goods so all orders will be sent as normal with no disruption.

Over the next 11 months post-Brexit negotiations will take place and new agreements covering the future relationship between the UK and Europe, including trade deals, should then come into force on 1st January 2021.

As we progress through the year it should become clear what sort of trade deal we will get with the European Union, and while No Deal is still a potential outcome, we at Puckator want to reassure both our customers and our staff that whatever happens, we are fully prepared.

Our warehouse in Spain has been fitted out and is ready, if required, to serve as a European Distribution Centre (EDC) should we leave the EU without a favourable Deal. Additionally, we have recently set up a company in The Netherlands, Puckator BV, which will allow us to work with our logistic partners to import goods into the EU in bulk should we need to.

Currently, distribution via The Netherlands is our preferred route, and we are very confident that should trade barriers arise after the 31st December 2020, by supplying Europe through Puckator BV, or alternatively, through our Spanish EDC, our customers in the EU will not have to pay more for any Puckator products and our delivery times will be unaffected.



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