Tel: 0115 943 6493

    Email: info@wrenaccountancy.co.uk


Are you ready for Brexit on 31.12.2020?
26/11/2020

There will be new rules for trade, travel and living in the UK and EU from 11.00pm on the 31 December 2020.

 

The UK Prime Minister, Boris Johnson, UK Chief negotiator David Frost and EU negotiator Michel Barnier continue to offer differing messages to the public about Brexit, some are positive, some ambivalent and occasionally negative remarks about the negotiations. It is hard to see through the comments made and whether we can take them at face value as, after all, there is a negotiation going on.

So what can we expect with less than 43 days to go?

Firstly, remain positive about the UK and EU reaching some kind of free trade deal or arrangement. It does not benefit anyone for the UK to leave the EU without a deal of some kind.

Secondly, if there is no deal, expect both parties to return to the negotiating table in the new year.

Whatever the outcome there are significant changes ahead for travel and trade.

 

Travel

If you are travelling to the EU from the UK after the 1 January 2021 then check out the Government website “Visit Europe from 1 January 2021”. This page tells you how to prepare if you’re planning on travelling to Europe from 1 January 2021. It will be updated if anything changes.

See: https://www.gov.uk/visit-europe-1-january-2021

 

Trading

If you haven’t made your business preparations, check out the Brexit transition website:

 

See: https://www.gov.uk/transition

If you trade with the EU and have not yet made preparations then here is a summary of actions to take:


Contact Us

Wren Professional Services Ltd

4 Cross Street, Beeston

Nottingham

NG9 2NX

0115 943 6493

info@wrenaccountancy.co.uk

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