Brexit centre

The decision of the UK people to leave the European Union is one of the most significant events to occur in the history of the EU. Because of our geographic, social and economic ties with the UK, Ireland will experience the greatest impact of this decision among EU countries. The land border makes the situation particularly onerous. Ireland currently operates a trade surplus with the UK and customs checks and controls are increasingly likely.

Chartered Accountants Ireland

Latest Brexit news

Brexit

This week, read about UK Prime Minister Boris Johnson’s plans to suspend parliament as the 31 October Brexit deadline nears, and other recent Brexit developments.   UK parliament suspended as threat of hard Brexit intensifies  UK Prime Minister Boris Johnson has announced that UK parliament will be suspended for more than a month starting September and will resume with the unveiling of a new legislative agenda in a Queen’s Speech on October 14 – little more than two weeks before the scheduled Brexit day of October 31. This decision comes as the Prime Minister strengthens his attempts to deliver a no-deal Brexit, given his decision to leave the EU on that day, regardless of the outcome. In a letter written to UK Members of Parliament shortly after his announcement, the Prime Minister has outlined his plan and confirmed that the debate on the Northern Ireland (Executive Formation) Act 2019 would take place on 9 September.   Tanaiste embarks on European engagement tour Tanaiste and Minister for Foreign Affairs Simon Coveney embarked on his European engagement tour earlier this week as an opportunity to further reiterate the solidarity of the EU27 on Brexit. As UK Prime Minister Boris Johnson stays firm on his stance to abolish the backstop, the Tanaiste has spoken out saying “nothing credible has come from the UK government in terms of alternatives to the backstop” and that the UK needs to negotiate a deal with the EU. Following this, talks between the UK and European Union have intensified, as UK Chief Brexit Negotiator David Frost meets with the EU Article 50 Taskforce this morning.   Latest Brexit updates With the 31 October Brexit deadline fast approaching, the Irish Government has released the second round of contingency planning updates focused on consumer impacts of a no-deal Brexit. In a recent press release, Irish Minister for European Affairs Helen McEntee has highlighted the consumer impact of Brexit by stating “immediate changes will include increased VAT, import tariffs and changes to consumer rights protection for products bought from the UK". Read more on the Irish Government’s Brexit resources. Brexit preparedness resources Clear Customs – Essential customs training The Irish government have launched the Clear Customs initiative to help businesses and intermediaries develop the capacity to complete customs administration post-Brexit.  As a part of the initiative led by Skillnet, businesses have been offered two main supports: An essential customs training programme delivered nationwide over six weeks providing skills necessary to make customs declarations Customs Financial Support payment to assist with the costs of hiring or assigning new staff to customs roles. The payment can be up to €6,000 per employee that completes the training programme – up to a maximum of 10 employees. Expressions of interest for the customs training programme and Customs Financial Support payment must be made via the Skillnet Ireland website before 20 September 2019. Readers should note to meet the following eligibility criteria that businesses will need: an EORI number from Revenue. Read our guidance on how to apply for an EORI number; a CRO number; to be registered with the Company Registration Office and incorporated in the Republic of Ireland at the time of application; to provide freight, haulage, logistics services to, from or through the UK, or; Are providing customs intermediary services; and are currently directly engaged in the import/ export, or are facilitating the import/export, of goods to, from or through the UK and which will require new or increased customs clearance capacity.   Customs workshops Local Enterprise Offices are running customs workshops throughout the country from August to October to provide businesses with a better understanding of the potential impacts and customs procedures to be adopted when trading with a country outside of the EU.  These courses are open to all businesses. You can read the course outline here. To see locations, dates and how to book, go to this link.   Irish Government Brexit Supports The Department of Business, Enterprise and Innovation have released several Brexit preparedness supports, including the Brexit preparedness checklist, the Brexit Loan Scheme and the Getting Business Brexit Ready guide. For the full range of supports for businesses, visit the Department’s website. Read all our updates in our Brexit web centre and our page dedicated to no-deal Brexit planning.

Aug 30, 2019
Brexit

This week, the Irish Government is urging businesses to get Brexit ready and have outlined nine key steps to do so. In other news, read about the recent developments on Brexit negotiations between Irish and UK political leaders and the UK’s announcement that they will issue out EORI numbers to some 88,000 VAT registered businesses. Irish Government urges businesses to get Brexit ready With less than ten weeks to go to the 31 October deadline, the Irish Government is urging businesses to prepare for Brexit regardless of the outcome. The Government is directly appealing to a number of sectors of concern, such as; smaller businesses, construction and manufacturing companies, agri-food businesses, retailers and hauliers sourcing from and/or through the UK. The Irish Government have also highlighted the following nine steps to help businesses prepare better: Understand the new rules for UK importing and exporting Review your supply chain and UK market strategy Be aware of possible changes to transport and logistics Review all your certification, regulation and licencing Review your contracts and data management Ensure you are maximising Government Brexit programmes and supports Manage your cash flow, currency and make sure your banking is in order Protect and inform your staff Know more about the impact to your sector Read more on the Irish Government’s Brexit resources. Latest Brexit developments Both Irish and UK governments have ramped up Brexit preparations. With reports stating that only 10 per cent of Brexit loan schemes have been accessed, the Irish Government is communicating via emails, letters and customs workshops to encourage businesses to prepare. In the UK, HMRC have stated that they will issue out EORI numbers to some 88,000 VAT registered businesses. It is not immediately clear where such an initiative sits within the EU Union Customs Code as it seems HMRC still require non VAT registered businesses to apply individually. Meanwhile, it’s been reported that the UK Prime Minister Boris Johnson is to visit Dublin to meet Taoiseach Leo Varadkar in September this year. The reports come as a follow up from their phone call earlier this week where both leaders “shared perspectives on the Withdrawal Agreement” and discussed the Common Travel Area and restoring power-sharing in Stormont. While the Taoiseach reiterated the EU position on the importance of the backstop and continued free trade on the island of Ireland, Mr. Johnson remained firm on his stance on abolishment of the backstop. He restated his point later that day in his letter to the EU President, Donald Tusk, where he referred to the backstop as “anti-democratic”. Leaked document highlights possibility of hard border in no-deal Brexit scenario  The UK government are now operating on the assumption that a hard border will return, reveals a leaked UK no-deal contingency planning document, codenamed Operation Yellowhammer. The papers also warn of potential unrest in Northern Ireland, such as civic unrest, road blockades, job losses and disruption to the agri-food sector, as well as an increase in smuggling and the potential for disruption to electricity supply.  Brexit preparedness resources Clear Customs – Essential customs training The Irish government have launched the Clear Customs initiative to help businesses and intermediaries develop capacity to complete customs administration post-Brexit. As a part of the initiative led by Skillnet, businesses are being offered two main supports: An essential customs training programme delivered nationwide over six weeks providing skills necessary to make customs declarations Customs Financial Support payment to assist with the costs of hiring or assigning new staff to customs roles. The payment can be up to €6,000 per employee that completes the training programme - up to a maximum of 10 employees. Expressions of interest for the customs training programme and Customs Financial Support payment must be made via the Skillnet Ireland website before 20 September 2019. Readers should note that businesses will need to meet the following eligibility criteria: must have an EORI number from Revenue. Read our guidance on how to apply for an EORI number must have a CRO number must be registered with the Company Registration Office and incorporated in the Republic of Ireland at the time of application are providing freight, haulage, logistics services to, from or through the UK, or are providing customs intermediary services or are currently directly engaged in the import/ export, or are facilitating the import/export, of goods to, from, or through the UK and which will require new or increased customs clearance capacity Customs workshops Local Enterprise Offices are running customs workshops throughout the country from August to October to provide businesses with a better understanding of the potential impacts and customs procedures to be adopted when trading with a country outside of the EU.  These courses are open to all businesses and you can read the course outline here.  To see locations, dates and how to book, go to this link. Irish Government Brexit Supports The Department of Business, Enterprise and Innovation have released a number of Brexit preparedness supports, including the Brexit preparedness checklist, the Brexit Loan Scheme and the Getting Business Brexit Ready guide. For the full range of supports for businesses, visit the Department’s website. Read all our updates in our Brexit web centre and our page dedicated to no-deal Brexit planning.    

Aug 23, 2019
Brexit

This week, we cover findings revealed in leaked UK no-deal contingency planning document highlighting imminent risks of a no-deal Brexit. In other news, read about the recent developments on Brexit negotiations between Irish and UK political leaders.   Leaked document highlights possibility of hard border in no-deal Brexit The UK government are now operating on the assumption that a hard border will return, reveals a leaked UK no-deal contingency planning document, codenamed Operation Yellowhammer. The document also highlights that the UK government’s attempts at abolishing the “backstop” to make way for a hard Brexit will be unsustainable. The papers also warn of potential unrest in Northern Ireland, such as civic unrest, road blockades, job losses and disruption to the agri-food sector, as well as an increase in smuggling and the potential for disruption to electricity supply.    As a follow on impact on the document’s findings, business lobbying giant, Ibec have spoken about the risk of halved Irish economic growth in the event of a no-deal Brexit and that the Irish Government should be planning by putting legislation and funding in place “no matter what the outcome”.     Ireland to ‘outperform Eurozone peers’ despite no-deal Brexit risks In a recent report released by US-based ratings agency, Moody’s, its being reported that the Irish economy is said to be in line for a boost in acquiring foreign investment that would have otherwise gone to the UK. While it may not offset the adverse impacts that would come with a no-deal Brexit scenario, reports say that Ireland will  continue to outperform most of its Eurozone peers in the long term with growth for Ireland expected to be 4 percent this year and 3 percent in 2020.     Latest Brexit developments With uncertainty growing around the outcome of Brexit, the UK Parliament is set to return back to the House of Commons in September. It is reported that Prime Minister Boris Johnson is preparing to face a cross-party group of MPs, who will attempt to use this occasion to legislate against a no-deal Brexit by requesting an extension to Article 50. Coinciding with the debate on power-sharing in Northern Ireland set to take place on 9 September, it is reported that the UK Prime Minister could face a confidence motion brought by the UK’s Labour Party leader, Jeremy Corbyn.   Brexit preparedness resources Clear Customs – Essential customs training   The Irish government have launched the Clear Customs initiative to help businesses and intermediaries develop capacity to complete customs administration post-Brexit.   As a part of the initiative led by Skillnet, businesses are being offered two main supports: An essential customs training programme delivered nationwide over six weeks providing skills necessary to make customs declarations Customs Financial Support payment to assist with the costs of hiring or assigning new staff to customs roles. The payment can be up to €6,000 per employee that completes the training programme - up to a maximum of 10 employees.   Expressions of interest for the customs training programme and Customs Financial Support payment must be made via the Skillnet Ireland website before 20 September 2019. Readers should note that businesses will need to meet the following eligibility criteria: must have an EORI number from Revenue. Read our guidance on how to apply for an EORI number must have a CRO number must be registered with the Company Registration Office and incorporated in the Republic of Ireland at the time of application are providing freight, haulage, logistics services to, from or through the UK, or are providing customs intermediary services or are currently directly engaged in the import/ export, or are facilitating the import/export, of goods to, from, or through the UK and which will require new or increased customs clearance capacity   Customs workshops   Local Enterprise Offices are running customs workshops throughout the country from August to October to provide businesses with a better understanding of the potential impacts and customs procedures to be adopted when trading with a country outside of the EU.  These courses are open to all businesses and you can read the course outline here.  To see locations, dates and how to book, go to this link.   Irish Government Brexit Supports The Department of Business, Enterprise and Innovation have released a number of Brexit preparedness supports, including the Brexit preparedness checklist, the Brexit Loan Scheme and the Getting Business Brexit Ready guide. For the full range of supports for businesses, visit the Department’s website.   Read all our updates in our Brexit web centre and our page dedicated to no-deal Brexit planning.

Aug 19, 2019
Brexit

This week, we cover the recent reports that the Irish economy is set to get a boost despite risks of a no-deal Brexit. In other news, read about the recent developments on Brexit negotiations between Irish and UK political leaders.   Ireland to ‘outperform Eurozone peers’ despite no-deal Brexit risks In a recent report released by US-based ratings agency, Moody’s, its being reported that the Irish economy is said to be in line for a boost in acquiring foreign investment that would have otherwise gone to the UK. While it may not offset the adverse impacts that would come with a no-deal Brexit scenario, reports say that Ireland will  continue to outperform most of its Eurozone peers in the long term with growth for Ireland expected to be 4 percent this year and 3 percent in 2020.   Latest Brexit developments It’s been reported that  UK Prime Minister Boris Johnson has been extended an invitation by Taoiseach Leo Varadkar to meet in Dublin to discuss Brexit and Northern Ireland.  The backstop and the Withdrawal Agreement are reportedly not on the agenda. With uncertainty growing around the outcome of Brexit, the UK Parliament is set to return back to the House of Commons in September. It is reported that Prime Minister Boris Johnson is preparing to face a cross-party group of MPs, who will attempt to use this occasion to legislate against a no-deal Brexit by requesting an extension to Article 50. Coinciding with the debate on power-sharing in Northern Ireland set to take place on 9 September, it is reported that the UK Prime Minister could face a confidence motion brought by the UK’s Labour Party leader, Jeremy Corbyn.   Brexit preparedness resources Clear Customs – Essential customs training The Irish government have launched the Clear Customs initiative to help businesses and intermediaries develop capacity to complete customs administration post-Brexit.   As a part of the initiative led by Skillnet, businesses are being offered two main supports: An essential customs training programme delivered nationwide over six weeks providing skills necessary to make customs declarations Customs Financial Support payment to assist with the costs of hiring or assigning new staff to customs roles. The payment can be up to €6,000 per employee that completes the training programme - up to a maximum of 10 employees.   Expressions of interest for the customs training programme and Customs Financial Support payment must be made via the Skillnet Ireland website before 20 September 2019. Readers should note that businesses will need to meet the following eligibility criteria: must have an EORI number from Revenue. Read our guidance on how to apply for an EORI number must have a CRO number must be registered with the Company Registration Office and incorporated in the Republic of Ireland at the time of application are providing freight, haulage, logistics services to, from or through the UK, or are providing customs intermediary services or are currently directly engaged in the import/ export, or are facilitating the import/export, of goods to, from, or through the UK and which will require new or increased customs clearance capacity   Customs workshops   Local Enterprise Offices are running customs workshops throughout the country from August to October to provide businesses with a better understanding of the potential impacts and customs procedures to be adopted when trading with a country outside of the EU.  These courses are open to all businesses and you can read the course outline here.  To see locations, dates and how to book, go to this link.   Irish Government Brexit Supports The Department of Business, Enterprise and Innovation have released a number of Brexit preparedness supports, including the Brexit preparedness checklist, the Brexit Loan Scheme and the Getting Business Brexit Ready guide. For the full range of supports for businesses, visit the Department’s website.   Read all our updates in our Brexit web centre and our page dedicated to no-deal Brexit planning.    

Aug 15, 2019
Brexit

This week, read about the Irish Government’s newly launched post-Brexit customs support initiative, Clear Customs which hopes to help businesses cope with the added customs administration that Brexit will bring. In other developments, read about the recent exchanges between Irish and UK political leaders on Brexit. Irish Government launches new customs support initiative In an effort to help businesses and intermediaries develop capacity to complete customs administration post-Brexit, the Irish government recently launched the Clear Customs initiative. The initiative has been developed to address the significant risk identified in Brexit contingency planning that there will not be enough customs agents to cope with the expected increase in customs declarations from 1.6 million to 20 million once the UK leaves the EU. As a part of the initiative led by Skillnet, businesses are being offered two main supports: An essential customs training programme delivered nationwide over six weeks providing skills necessary to make customs declarations Customs Financial Support payment to assist with the costs of hiring or assigning new staff to customs roles. The payment can be up to €6,000 per employee that completes the training programme - up to a maximum of 10 employees. Expressions of interest for the customs training programme and Customs Financial Support payment must be made via the Skillnet Ireland website before 20 September 2019. Readers should note that businesses will need to meet the following eligibility criteria: must have an EORI number from Revenue. Read our guidance on how to apply for an EORI number must have a CRO number must be registered with the Company Registration Office and incorporated in the Republic of Ireland at the time of application are providing freight, haulage, logistics services to, from or through the UK, or are providing customs intermediary services or are currently directly engaged in the import/ export, or are facilitating the import/export, of goods to, from, or through the UK and which will require new or increased customs clearance capacity   Latest Brexit developments With 31 October fast approaching, Irish political leaders have ramped up their engagement with UK political leaders. Taoiseach Leo Varadkar was in Belfast last week to continue talks with Northern Ireland political figures, where he addressed the high probability of a no-deal Brexit and renegotiations with the EU on issues of citizen’s rights, financial settlements and a solution to the Irish border. He also said that people might be “weary of Brexit” and must take the view that the negotiations end on 31 October regardless of the outcome. Additionally, Ireland’s Minister for Finance, Paschal Donohoe met his UK counterpart, Chancellor Sajid Javid, to review the current economic developments in both nations and to tackle their approach to Brexit. While the UK Chancellor remained committed to the 31 October deadline, Minister Donohoe reiterated the Irish Government’s position on the importance of the backstop element of the Withdrawal Agreement. He also added that a no-deal scenario will have a significant impact on Budget 2020 due in October. In upcoming visits, UK Prime Minister Boris Johnson has been extended an invitation from Taoiseach Leo Varadkar to meet to discuss Brexit and Northern Ireland but the backstop is reportedly not on the agenda.    Brexit preparedness resources Customs workshops Local Enterprise Offices are running customs workshops throughout the country from August to October to provide businesses with a better understanding of the potential impacts and customs procedures to be adopted when trading with a country outside of the EU.  These courses are open to all businesses and you can read the course outline here.  To see locations, dates and how to book, go to this link. Irish Government Brexit Supports The Department of Business, Enterprise and Innovation have released a number of Brexit preparedness supports, including the Brexit preparedness checklist, the Brexit Loan Scheme and the Getting Business Brexit Ready guide. For the full range of supports for businesses, visit the Department’s website. Read all our updates in our Brexit web centre and our page dedicated to no-deal Brexit planning.

Aug 12, 2019
Brexit

Revenue has updated its Customs Staff Manual on Ship’s Stores  which gives information on the declarations required by Revenue for ships arriving into Ireland where dutiable goods are delivered tax-free from a warehouse to a ship as ship’s stores.  The guidance applies to voyages to and from the EU and non-EU countries with the exception of journeys starting or ending in Northern Ireland.  Read Revenue’s eBrief.

Aug 12, 2019