A busy Brexit month ahead

Susie Walker

Susie Walker

Partner & Head of Tax

07 January 2020

Parliament returns from its Christmas recess this week and MPs will resume their debate around Boris Johnson’s EU Withdrawal Agreement Bill. Once passed through the Committee Stage it will go to the Lords, then the aim is to have it ratified by the EU Parliament in time for the 31 January 2020 Brexit date.

What now looks likely is:

  • A transition period that will run to 31 December 2020.
  • During the transition period most EU law will continue to apply to the UK.
  • The future EU-UK relationship will be formally negotiated through the transition period.
  • At the end of the transition period the Withdrawal Agreement Protocol on Ireland/Northern Ireland will come into effect. This Protocol seeks to avoid a hard border in Ireland, with Northern Ireland required to remain aligned with the EU on certain rules.