Concern that businesses are ill-prepared for Brexit – Chambers

Published on: 12 July 2019

Fianna Fáil Spokesperson on Brexit, Lisa Chambers TD, has expressed her concern that businesses are ill-prepared for Brexit.

Chambers made her comments on foot on information received by way of parliamentary question which revealed that 70% of businesses do not have an EORI number. An EORI number is the minimum requirement for businesses that wish to trade with, or through, the UK following their departure from the EU.

Deputy Chambers said, “It is very concerning that of the 92,000 businesses that traded with the UK in 2018, 65,000 (70%) of them have not obtained an EORI number. It has also been revealed that Revenue has identified 250 businesses that have trade with the UK valued in the region of €1m or more who do not have an EORI number, whilst another 2,600 companies without an EORI number have trade with the UK valued between €100,000 and €1m.

“In many respects these are startling figures and they underscore that the Government has a significant amount of work to do to get businesses prepared for Brexit. We are only 16 weeks away from a potentially devastating no deal Brexit and there can be no let up on preparations over the Summer period. The threat of a no deal Brexit has never been higher, and the Government has to get the message out that businesses and SMEs need to prepare.

“An EORI number is a basic requirement and I would encourage businesses to apply for one. It is a free and quick online process and could save businesses difficulty in the long run. The reality is that there is limited time left to prepare and the Government’s communication strategy to date has left a lot to be desired.

“I hope that in the coming weeks we see a very concerted effort from the Government to get the message out that businesses need to prepare for Brexit,” concluded Deputy Chambers.

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