Brexit Bulletin, 24-27 January 2020

Jan 23, 2020

There are just four days to go until 31 January 2020 – the final Brexit deadline. The UK has passed the legislation to make the current Brexit deal with the European Union official UK law, paving the way for the country’s exit from the EU on 31 January. Read this week’s bulletin for a timeline of developments so far, and the Institute’s guidance on how to best prepare for Brexit.

 

Brexit Bill receives royal assent and becomes law – 23 January 2020

 

The Brexit bill received royal assent yesterday and is now officially an act of parliament - the EU (Withdrawal Agreement) Act. The bill has completed its passage through the UK Parliament and has been signed into law by the Queen. The UK's exit from the EU has also received formal endorsement from the presidents of the European Commission and the European Council and is now expected to move to the European Parliament for ratification on 29 January. UK Prime Minister Boris Johnson is also anticipated to sign the instrument of ratification of the Withdrawal Agreement in the next few days.

 

British MPs give final backing to Brexit deal, talks to restore power sharing at Stormont continue – 9 January 2020

 

British MPs have given their final backing to the Brexit bill last night, securing the UK’s exit from the European Union on 31 January 2020. This approval comes following three years of debate over the outcome of the UK’s decision to exit the European Union. The House of Commons voted 330 to 231 in favour of the Brexit Withdrawal Agreement Bill, which will now move on to the House of Lords to be passed as legislation next week.

 

Additionally, Tánaiste Simon Coveney and Secretary of State for Northern Ireland Julian Smith have published the text of a deal to restore devolved government in Northern Ireland. Read the press release and full text.

 

UK Prime Minister’s Brexit bill wins approval in parliament – 20 December 2019

 

British MPs voted by a majority of 358 to 234 to pass the second reading of UK Prime Minister Boris Johnson's Brexit legislation, as the revised Withdrawal Agreement Bill was brought before the House of Commons. The Brexit bill now also includes a new clause to "legally prohibit" any further extension beyond the end of December 2020.

 

The bill is now due for approval in the House of Commons later this week on Thursday 9 January, giving it just over three weeks to then pass through the House of Lords and receive Royal Assent to meet the Brexit deadline of 31 January 2020.

 

 

Conservatives win in UK elections, Brexit deal back on table – 13 December 2019

 

The Conservative Party, led by Boris Johnson, won an overwhelming majority in the UK general elections. With the Conservatives now having secured the 326 seats required for a majority in the House of Commons, Boris Johnson is back on track for a 31 January 2020 Brexit deadline.

 

 

Institute Brexit guidance

 

At the time of writing, there are just three weeks to go until 31 January 2020 – the Brexit deadline. With British MPs giving the Brexit deal their final backing, readers are reminded of all available resources to prepare for Brexit.

 

Brexit infographics

 

Take a look at our Brexit infographics explaining VAT and customs for businesses under the revised Brexit Withdrawal Agreement Bill.

 

 

Top five Brexit tips

 

Review our handy graphic on the top five steps you can take to prepare for Brexit.

 

 

Guidance video: Single Administrative Document

 

Watch Chartered Accountants Ireland’s short video to help guide you through filling out the Single Administrative Document, a requirement for making customs declarations post-Brexit by both Irish/UK traders to trade with the UK/EU respectively. Visit our Customs page to watch the video.

 

 

Irish Government Brexit resources

 

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.