Brexit - Legal Guidance

The Brexit impact on all business sectors

Following the UK’s departure from the EU on 31 January 2020, the end of the transition period on 31 December 2020 as provided for in the UK/EU withdrawal agreement, is fast approaching.

Sectors

While negotiations for an EU/UK Free Trade Agreement continue there is a real possibility that agreement will not be in place for 1 January 2021 and the UK will be left trading with the EU, and most of the rest of the world, on World Trade Organization (WTO) terms.

This will impact on all business sectors and, as such, we have been providing advice to a number of clients on how to adapt and complete their planning for what Brexit may bring.

The following articles, written by our dedicated Brexit team, provide an update on the current position and we will continue to keep clients up-to-date on how Government decisions will affect their businesses and their plans as this complex situation unfolds.

Should you have any questions, or would like to discuss any issues please do get in contact with a member of our cross-firm Brexit team.

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Brexit and VAT: a short summary

There are many areas of risk surrounding Brexit to be managed, including legal, VAT and Customs uncertainties. This article is a rapid overview of many of the VAT scenarios which might require attention, along with some comments for consideration.

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Published on 17 December 2020
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Directors’ Duties when preparing for Brexit

The end of the transition period is now firmly on the agenda of both the government and most affected businesses. The UK’s exit from the EU will result in multiple legal and regulatory changes and challenges. With such changes firmly in sight, directors of businesses need to be cognisant of their duties throughout this period.

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Published on 16 December 2020
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