CIPP EU exit (Brexit) factsheet
06 September 2019
At the end of a fantastic National Payroll Week, but another turbulent week for the UK government, we are pleased to release our EU exit (Brexit) factsheet.
Whilst we know that the Prime Minister suffered a few ‘Brexit blows’ this week leading to more uncertainty regarding whether or not the UK will leave with or without a deal, there are some known facts relating to the EU exit and we have summarised these within our EU exit factsheet.
The Withdrawal Agreement was approved by 27 EU Member States and the UK; however, it must be legalised by the UK Parliament. At the time of writing this is looking remarkably unlikely, particularly in light of a change of Prime Minister whose default seems to be a no deal departure.
If the Withdrawal Agreement or any withdrawal agreement fails to be sanctioned, the UK will [potentially] leave the EU on Exit Day, 31 October 2019, without any deal on the terms of its departure.
Without a deal there will be no transitional arrangement (or implementation/transition period as it is also known) to the end of 2020 for the continued application of EU law, in and to the UK.
The government's high-level goals have however remained consistent through negotiations, failed and otherwise, and include:
- Ending full membership of the EU customs union
- Ending membership of the single market
- Bringing an end to the jurisdiction of the Court of Justice of the European Union (CJEU)
The extent of the effects of Brexit are somewhat speculative until the precise terms of the UK’s post-exit relationship with the EU becomes clear. In the meantime, what do we know?
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information. Download the CIPP's Payroll: Need to know - your guide to payroll legislation and reporting for the most up to date data.