Preparing to leave the European Union
The UK’s decision to leave the European Union (EU), known as “Brexit”, has implications for businesses, individuals, the economy and the tax system. The UK should leave the EU at 11pm on 29 March, 2019, at which moment all EU treaties cease to apply to the UK.
Negotiations for leaving and the UK’s future relationship with the EU are being overseen by the Department for Exiting the European Union. The latest version of the UK/EU Withdrawal Treaty was published in November 2018. The House of Commons Library has published a series of links to related documents. In December 2018 the government published an overview of the legal position on the Withdrawal Treaty.
The key issues that make Brexit a very important and an immediate issue for businesses include:
Whilst the final outcome of any deal between the UK and the EU is yet to be agreed, we are already helping our clients to plan ahead for the likely changes. We can help you understand the overall position of Brexit and how the UK/EU divorce is likely to evolve up to the end of the transitional/implementation period.
Posted by Wendy Andrews on December 6, 2018
As Parliament debates the Brexit Withdrawal Agreement and the Political Declaration for the Future Framework, we have set out below some of the key issues businesses need to consider in each of the three likely […]
Posted by Gary Mackley-Smith on November 16, 2018
After many months of intense negotiations, the UK government and EU have published a draft Brexit treaty that sets out the future relationship between the UK and EU. The UK will leave the EU on […]