IP completion day: Difference between revisions
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''UK - European Union (EU) - Brexit.'' | ''UK - European Union (EU) - Brexit.'' | ||
IP completion day | IP completion day was 31 December 2020. | ||
IP completion day is an abbreviation for 'Implementation Period' completion day, the ending of the 11-month period from 31 January 2020 during which the UK | IP completion day is an abbreviation for 'Implementation Period' completion day, the ending of the 11-month period from 31 January 2020 during which the UK continued to be subject to EU rules. | ||
(This period | (This period was known in the Withdrawal Agreement between the UK and the EU as the 'transition period'.) | ||
On 24 December 2020 the UK and European Commission agreed the terms of a post-Brexit free trade agreement | On 24 December 2020 the UK and European Commission agreed the terms of a post-Brexit free trade agreement agreement that applied from 1 January 2021. | ||
The EU-UK Trade and Cooperation Agreement entered into force on 1 May 2021. | |||
| Line 22: | Line 24: | ||
* [[European Union]] | * [[European Union]] | ||
* [[European Union (Withdrawal Agreement) Act 2020]] | * [[European Union (Withdrawal Agreement) Act 2020]] | ||
* [[EU-UK Trade and Cooperation Agreement]] | |||
* [[Exit day]] | * [[Exit day]] | ||
* [[Free trade agreement]] | * [[Free trade agreement]] | ||
| Line 28: | Line 31: | ||
* [[No Deal]] | * [[No Deal]] | ||
* [[Parliamentary supremacy]] | * [[Parliamentary supremacy]] | ||
* [[Ratification]] | |||
* [[Sovereignty]] | * [[Sovereignty]] | ||
* [[United Kingdom]] | * [[United Kingdom]] | ||
| Line 33: | Line 37: | ||
== Other resource== | |||
[https:// | *[https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-7960 Brexit timeline - House of Commons Library] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 20:00, 26 February 2023
UK - European Union (EU) - Brexit.
IP completion day was 31 December 2020.
IP completion day is an abbreviation for 'Implementation Period' completion day, the ending of the 11-month period from 31 January 2020 during which the UK continued to be subject to EU rules.
(This period was known in the Withdrawal Agreement between the UK and the EU as the 'transition period'.)
On 24 December 2020 the UK and European Commission agreed the terms of a post-Brexit free trade agreement agreement that applied from 1 January 2021.
The EU-UK Trade and Cooperation Agreement entered into force on 1 May 2021.
See also
- Article 50
- Brexit
- Brexit Day
- Brexit transition period
- Brexodus
- EU 27
- European Commission
- European Union
- European Union (Withdrawal Agreement) Act 2020
- EU-UK Trade and Cooperation Agreement
- Exit day
- Free trade agreement
- Make UK
- No Brexit
- No Deal
- Parliamentary supremacy
- Ratification
- Sovereignty
- United Kingdom
- Withdrawal Agreement
