Brexit news & updates

With Brexit almost one and a half month underway we are seeing hiccups in the flows of goods between the European Union and the United Kingdom.

On January 1st 2021 a free trade agreement between the European Union and the United Kingdom has gone into effect, which will alter the way goods can be imported into the United Kingdom from the European Union and vice versa. The changes outlined below pertain to the import of goods using preferential rates.

Prime Minister Johnson keeps turning up the pressure in the negotiations for a trade deal between the United Kingdom and the European Union. Around this time the negotiations should be heading into their final stages. Ideally, an agreement should be in place before the end of this month, to give both sides the time to get it ratified. All 27 European Union's member states need to ratify the deal.