Brexit update: BE VAT registration with the appointment of a fiscal representative for UK companies
Considering the UK left the European Union on 31 January 2020 and the ‘stand-still‘ transition period will come to an end on 31 December 2020, new details on how UK companies will need to organize their business in terms of VAT registration in Belgium and the related timing to comply are beginning to surface. As
Brexit update – UK now formally rejects the extension period
The UK today formally informed the EU that it will not seek any extension of the transition period. Hence the transition period which started on 1 February of this year will come to an end on 31 December 2020. The idea behind the transition period was for both parties to secure a trade agreement and
UK has published its future import tariffs
During the current Brexit transition period, goods can still be shipped tariff free and without import and export formalities from the EU mainland to the UK and vice versa. After the transition period, scheduled for 1 January 2021, EU – UK trade will be subject to import and export formalities and the UK will set
Brexit and COVID-19: another extension debate?
As, today, companies are dealing, as a priority, with the impact of the COVID-19 crisis on their overall business, the question arises what impact COVID-19 will have on the Brexit timeline. The UK formally left the EU on 31 January 2020. Unless an extension is requested before 1 July, the agreed transition period will
Brexit update: Brexit – The end of uncertainty?
After three years of dense fog, there may be light at the end of the channel tunnel. Will it be the end of a long period of uncertainty, or should you still fear the worst? The only certainty today is that the UK will leave the EU on 31 January 2020, and that the Withdrawal
Update: Brexit extension and new UK elections
The European Union agreed on a ‘flextension’ of the Brexit deadline to 31 January 2020 with the option for the UK to leave the EU earlier if the (re)negotiated Withdrawal Agreement is approved by both the UK Parliament and the European Parliament before that date. Specific terms were, however, specified by the EU27 as regards
Brexit Update – No Brexit deal Vote: MP’s force PM Johnson to seek further extension
The UK Parliament was set to vote on PM Johnson’s exit deal today in its extraordinary Saturday sitting. The Letwin amendment (voted by 322 to 306) however prevented the vote on the Brexit deal. The amendment as introduced by Mr Oliver Letwin says the House of Commons would “withhold support” from Johnson’s plan until all
Brexit update – Supreme Court calls Prime Minister Johnson to order HMRC issues further guidance on a no-deal Brexit
Last Tuesday morning, the UK Supreme Court ruled unanimously that Boris Johnson’s five-week suspension of Parliament was unlawful. Although this ruling can be considered another political defeat for the Prime Minister, Mr. Johnson is not planning on changing the UK’s path to leaving the European Union on 31 October 2019 and he rejected the calls
